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National

Suburban Toronto records first period of positive net absorption since pandemic

Richard Crenian Commercial Leasing Toronto / GTA Nov. 11 2022

Commercial real estate firm CBRE says for the second quarter in a row, the country’s suburban office vacancy level was lower than the rate seen for downtown regions.

 

CRE bears brunt of property tax burden: Canada-wide update

Steve McLean Commercial Government National Nov. 9 2022

Seven out of the 11 major Canadian cities surveyed by Altus Group have a commercial tax rate more than double the residential tax rate, according to the 2022 Canadian Property Tax Rate Benchmark Report.

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