I guess it depends on the province. I know numerous people who have lost their jobs. Mainly in Alberta. Some were even working for the government. From what I am hearing BC is bouncing back somewhat. I am not sure about other provinces.Anyone who is worried that Canadian economy is not doing well and there are too many job losses etc.
If you want to feel better just talk to any real estate agent and they will tell you how rents won't drop as there is not much job loss. Or how houses are still selling at higher prices because so many people are now buying homes. And economy has already bounced back etc.