While the Oilers have finished in 14th place in the Western Conference and missed out on the playoffs for the sixth consecutive season, Renney is able to see some positive in his stint with the club.
"If I'm going to make an honest assessment, certainly the young players have grown ... I think the player development has been really good," he said. "If you look at various parts of our team, there's improvement for sure, but if you take our start and our finish and sandwich that with the three months in the middle, which is significant, we weren't good enough.
"There's lots of reasons why. I won't go there (to break them down). I'll let your judgment determine that. Bottom line: We're an improved team."
In the meantime, Renney, a former Canadian Olympic and national team coach, is open to the idea of coaching Canada's entry at the imminent World championships and has also encouraged his players, health permitting, to accept opportunities to play for their respected home countries.
As for Oilers GM Steve Tambellini, there still hasn't been an announcement on a contract extension, either, despite speculation suggesting that he was getting a new deal several months ago.