the weekly rennie brief: The Latest Canadian Economic Initiatives - April 10, 2020

The rennie intelligence team is 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:
Changes to the criteria for the federal wage subsidy programme to be inclusive of more businesses and the opening of applications for the Canada Emergency Response Benefit (CERB) were notable steps taken by the federal government this week. Provincially, applications opened for the Temporary Rental Supplement and with it came more details on eligibility. 

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.

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Benchmark Price Infographics for detached, townhomes, and condos in the areas of Vancouver region covered in the monthly rennie review.

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Last month was characterized by further declines in supply combined with elevated demand levels, strengthening the vice on an already tight market.