Office Vacancy Rates
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Downtown commercial vacancy rates continue to rise in EdmontonA new report shows that Edmonton's downtown commercial vacancy rate is more than 24 per cent, significantly higher than the average than the national average.CanadaJul 4, 2023
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Many Canadian offices are empty. It could be the economy’s ‘canary in the coal mine’Canadian offices are increasingly empty these days. That poses a fundamental risk to Canada's economy, experts warn, amid higher interest rates and banking uncertainty.EconomyMay 4, 2023
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Downtown Edmonton office vacancies see developer calling for actionIn the last several months, two new office towers opened downtown and a third remains under construction. As tenants moved, older spaces have been vacated. The musical chairs, coupled with the economic downturn, has made it more difficult to fill the vacuum.EconomyMar 11, 2017
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