Research

Canada office insights - Q2 2022

Canadian office market activity slows as companies navigate the unknown.

July 28, 2022
Contributors:
  • 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 insights - Q2 2022

Demand for premium office product continued as availability decreased in the downtown market.     
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Edmonton office insights - Q2 2022

Summary and analysis of local economic and real estate market conditions in Edmonton as of Q2 2022. The report includes key market indicators, tenant and landlord perspectives, and future looking analysis.     
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Vancouver office insights - Q2 2022

With interest rate hikes, inflation risk and talk of an economic recession, uncertainty looms.     
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Montreal office insights - Q2 2022

Leasing momentum continued to slow down in Q2, with vacancy increasing to 13.2%.     
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Toronto office insights - Q2 2022

Total available space in the Downtown submarket declined in Q2 for the first time since Q3 2019.     
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