The number of people receiving regular Employment Insurance benefits was slightly lower in April than in March, down 4,900 (0.9 per cent). However, year-over-year there were 2.4 per cent more, mainly due to increases in the summer of 2015.

Statistics Canada figures show that 5 provinces saw lower numbers; Ontario (down 2.7 per cent); BC (down 2.2 per cent); Newfoundland & Labrador (down 2 per cent); Saskatchewan (down 1.7 per cent); and New Brunswick (down 1.5 per cent).

Alberta saw a 1.2 per cent rise in EI beneficiaries with those in Prince Edward Island increasing by 1 per cent.
 

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate


More market watch: