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State of the Canadian retail sector

by Mario Toneguzzi | Jul 24, 2020

Craig Patterson, Editor-In-Chief and Founder of the Retail Insider online publication, talks about the current state of the retail sector in Canada

Eileen Halpin-Tarrant of Oberfeld Snowcap Realty talks about the bright future that innovative retailers are bringing to the marketplace

Moderate economic growth continues to be dampened by lack of pipeline capacity, according to CBRE report

Avison Young report said Canada’s office sector remained sound in 2018, though softness persisted in Alberta

Viewed globally as a safe haven, given the country’s stable economic and political climate, and sound market fundamentals

Nate Edwards talks about how Virtuo’s tech-enabled service saves customers time and eases headaches

Toronto and Vancouver remain the primary destinations for commercial real estate. Calgary, Montreal and Edmonton rounded out the top five

Mid-year report says Calgary sat at 23.5% office vacancy, while Edmonton’s vacancy fell to 14%

Rental rates are down 29 per cent from peak levels in the fourth quarter of 2014, according to a CBRE report

But demand for secondary real estate is still dropping, as are asking rates

Significant drops in Alberta vacancy rates this year tracked by Colliers International

The Edmonton office market reported positive absorption for the third quarter in a row: Colliers