the weekly rennie bulletin: The Latest Canadian Economic Initiatives - April 24, 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:
This past week, important changes were made by BC's provincial government to the Real Estate Development Marketing Act. Additionally, the federal government announced a number of financial measures to support students, along with subsidies for commercial property owners and new money for vaccine testing.

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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In response to the pandemic's suppression of immigration in 2020, Canada's federal government is raising immigration targets.

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

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A September record of almost 5,800 sales reflected the strength of all segments of the housing market in the Vancouver Region.