the weekly rennie brief: The Latest Canadian Economic Initiatives - April 3, 2020
Apr 03, 2020
Written byRyan Berlin
The rennie intelligence teamis as committed as ever to keeping you informed of how our evolving context is impacting our economy. With this in mind, the team is now publishing a weekly summary every Friday outlining the latest policy changes, financial market interventions, and other relevant actions aimed at supporting Canadians during these uncertain times.In this week's issue:Compared to the previous two weeks, this past week saw fewer new economic stabilization initiatives rolled out by the federal and provincial governments (and no new programmes were announced by the Bank of Canada). Having said that, additional clarity was provided for the federal wage subsidy plan and CERB, while BC announced the formation of an economic recovery task force. Our rennie intelligence team comprises our in-house demographer, senior economist, and market analysts. Together, they empower individuals, organizations, and institutions with data-driven market insight and analysis. Experts in urban land economics, community planning, shifting demographics, and real estate trends, their strategic research supports a comprehensive advisory service offering and forms the basis of frequent reports and public presentations. Their thoughtful and objective approach truly embodies the core values of rennie.
The addition of new housing along Metro Vancouver’s public transit network, and specifically along the SkyTrain rapid transit network, will be important in accommodating more than one million new residents over the coming three decades.
Fiscal supports and low-interest rates are conspiring to improve Canadians’ balance sheets.