RE:Better Yield with Preferred's 6.06% to 6.30%Alberta is in rough-rough shape for an extended period of time. You can gaurantee that CWB will not be making profit on any loans where the goverment protects business from default. There will be an unpecedented number of bankruptcies and defaults in Alberta looking forward. Even if debt commitments can be made with gov support, eventually iut will end and consumer spending in this fine province is about to go into shock after the Corona devastation clears and as we wade through the mess of low oil with unprecedented global surplus.
Accepting all arguments on these points. I sure hope that I am wrong as an Albertan. Everyone here gets their paycheque from energy, either directly or indirectly. I fear the great depression like conditions in the years to come............