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
The Central Core remained strong as more West End assets are approved for residential conversion.
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Montreal office insight
Montréal’s office sector adapts to changing dynamics amidst shifting demand for space.
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Southwest Ontario office insight
With appealing inducements, tenants right-size and prefer to invest in amenity-rich spaces.
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Vancouver office insight
Significant new deliveries push vacancy to 7-year high.
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Toronto office insight
Sublease availability reaches all-time high as users continue to adjust to economic uncertainty.
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Edmonton office insight
As election looms and population booms, office market momentum remains in suburbs.
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