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CoStar Insight

Canada's office recovery may take longer than elsewhere

Underperformance tied to elevated hybrid and remote work in effect since pandemic
Downtown Toronto is Canada’s largest central business district. (CoStar)
Downtown Toronto is Canada’s largest central business district. (CoStar)
CoStar Analytics
July 18, 2025 | 8:51 P.M.

Office availability in Canadian central business districts has increased more than in central business districts in the United States and the United Kingdom.

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