Investment Solutions for Municipalities

Economic Review: The Data Employment Canada saw August employment up 90k level, Canada remains a long way While just 0.8% off its pre-pandemic from fully healed -1 -2 Hours worked remained 2.6% below pre-Covid levels -3 -4 The unemployment rate fell to 7.1% from 7.5% which is the lowest level since the pandemic began, however participation declined CIBC British Columbia % change in employment since February 2020 וויויייוי Alberta Saskatchewan Manitoba Ontario Quebec CONFIDENTIAL New Brunswick Nova Scotia Prince Edward Island Newfoundland & Labrador 64 62 60 889 58 Employment-to-population ratio (%) Canada US 56 54- 52- 50 Jun-19 Dec-19 Jun-20 Dec-20 Jun-21 10 10

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