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CoStar Insight

Lack of space hinders many small Canadian businesses

Space costs are also an issue, but less so than in recent months
Office rents in Canada have just kept up with inflation in recent months, and incentives are available. (Olivier Gariépy, CoStar)
Office rents in Canada have just kept up with inflation in recent months, and incentives are available. (Olivier Gariépy, CoStar)
CoStar Analytics
April 7, 2025 | 5:24 P.M.

For the last several years, Canadian small businesses have cited taxes and regulations, insurance and wages as the top three areas causing them cost difficulties, according to the Canadian Federation of Independent Business’ Business Barometer Index.

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