What You Need to Know: The Latest Job Numbers
Apr 09, 2020
Written byRyan Berlin
Today's Canadian employment update confirmed the widespread expectation of job losses related to the coordinated economic shutdown in response to the global pandemic. As expected, all provinces and metro areas experienced dips in employment, with Canada as a whole shedding just over 1 million jobs.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.
At the start of every year we wait with baited breath for the annual CMHC rental market report, released in late January and pegged to the prior October, for an update on rental markets across Canada.
Understanding sentiment, expectations, and intentions is critical, as these ultimately govern behaviour—each on their own and together. With this in mind we present the latest rennie consumer sentiment survey results.