Canada office insights
Canadian office market activity slows as companies navigate the unknown.
- Shawna Rogowski
- Matthew Clark
- Megan Keeler
Many tenants have continued to try to accommodate the needs of their employees by considering hybrid flexible work options, especially in a market fueled by competition for talent. However, the threat of a recession, coupled with rising interest rates and extreme inflation has put companies in a position where several have paused their decision-making on office space, especially when looking at expansion opportunities.
Click below to download the individual city insight reports:
Calgary office insight
Demand for premium office product continued as availability decreased in the downtown market.
Request report >
Montreal office insight
Class A assets continued to perform while Class B must adjust to evolving demand.
Request report >
Southwest Ontario office insight
Market conditions continued to favour tenants as vacancy remained elevated in Q3.
Request report >
Vancouver office insight
Metro Vancouver availability increased with Downtown Core availability at a record high.
Request report >
Toronto office insight
New supply provided a lift to Downtown Toronto office market as economic uncertainty continued.
Request report >
