A 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.

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.

In 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.