View Online | Forward | Sign Up | Archives July 19, 2019
1. Vancouver ties Toronto for North America’s lowest office vacancy rate
According to CBRE’s Canada Q2 Quarterly Statistics Report, Vancouver and Toronto now share the top spot for record-low office vacancy rate in North America. Vancouver’s office vacancy dropped to 2.6 per cent in the second quarter of 2019 while Toronto’s remained stable at 2.6 per cent amid a construction boom in the city’s core.

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2. Energy exposure fuels Calgary office woes

Key service centres for the oil and gas industry are at differing junctures in Canada and the United States. JLL’s newly released overview of office and industrial space trends in North American energy hubs contrasts the shale boom bolstering U.S. economic activity with the logistical constraints squeezing Canadian producers.  Read More »

3. Cheryl Gray recognized for proptech innovation

Cheryl Gray has been named a Woman of Influence in North American commercial real estate for the second consecutive year.
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4. Average monthly rents continue to trend upward

The average monthly rents in Canada increased another 1.9 per cent in June after going up 4 per cent in May, according to the latest National Rent Report produced by and Bullpen Research & Consulting. Read More »

5. Retrofit fund draws on carbon pricing revenue
The application process for Canada’s Climate Action Incentive Fund (CAIF) is now open, making grants of up to $250,000 available to business operators in New Brunswick, Ontario, Manitoba and Saskatchewan for energy-saving and emission-reducing projects. Read More »
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