In this episode of The Financial Rundown (filmed Nov 3, 2025), CJ and Maddie unpack one of the biggest shifts since the Great Resignation: the rise of job hugging and labour hoarding. We look at how workers went from quitting in record numbers in 2021 and 2022 to clinging tightly to stable roles in today’s cooler job market, and why companies are holding onto staff even when business slows. 

We also dive into what these labour trends mean for the broader economy, your career strategy, and your financial planning. From market drawdowns and long-term investing to Canada’s housing pressures and early Budget Day expectations, this episode covers the major signals shaping the months ahead.

And yes, we dig into the chart that explains 45 years of market dips versus long-term gains, plus why staying invested through volatility still matters.

CJ and Maddy also breaks down what’s happening inside Canada’s housing affordability crisis, why mortgage arrears are rising, and how renewals at higher rates are tightening household budgets heading into 2025. We close with our monthly recommendations, from financial podcasts to personal core memories.

❔Who are we?

Philotimo (fee.low.tee.mo)

Definition: "Friendship and Honour"

We strive to form client relationships built on a foundation of friendship and honour and value giving our clients the foundation they need to achieve their goals.  CJ Stevens is a seasoned CFP® professional. We proudly serve 400+ families, working alongside them to learn and grow.

Mutual funds, exempt market products, and/or exchange-traded funds are offered through Investia Financial Services Inc.

Get in touch with us ➭ https://www.philotimowealth.ca/contact

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Music ➭ Syn Cole - Feel Good [NCS Release]