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Canada’s office market strengthens in 2026 as companies return to workplaces, reducing vacancies and boosting leasing.
Canada’s commercial real estate market is expected to strengthen in 2026, fueled by a return-to-office trend as companies increasingly require in-person work.
Office leasing is rising in major cities, with demand projected to stabilize or grow modestly, vacancy rates declining in many areas—downtown Toronto saw the lowest rate at 2.1%.
Employers are prioritizing high-quality, flexible office spaces that support collaboration and employee experience.
Despite trade disruptions and a slight drop in manufacturing sales, the industrial sector remains strong, with sustained demand for well-located facilities near transportation hubs.
Government activity, including federal office purchases, is also supporting market momentum.
El mercado de oficinas de Canadá se fortalece en 2026 a medida que las empresas regresan a los lugares de trabajo, reduciendo las vacantes y aumentando el arrendamiento.