As we settle into self isolation at home, the crisis didn’t really take hold in Canada until mid March. That’s when we shut our offices down and most followed shortly thereafter. By that time most of the first quarter had been put in the books. Sales levels are in line with past quarters. The number of high dollar sales are lower, other than in the industrial sector, this quarter. This writer does not think that there was something afoot in this past quarter to suggest that market participants had pulled back. But rather, it was more likely due to limited offerings in the upper ranges.
