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Canadian Office Vacancy Rate Hits 14%, Highest In A Quarter Century: BMO

May 1, 2021

Canadian companies have been scaling back on office space, reversing the pre-pandemic scramble that made it scarce. BMO senior economist Sal Guatieri looked at commercial office space in his latest note. The bank found long-term tenants locked into space are paying their bills just fine. However, companies that could, have been scaling back on the […]

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