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On weak footing, industrial sector faces prospect of very different scenarios

Shifting trade patterns, government programs in play
Trade uncertainty and the impact of the government’s new budget could help shape industrial performance in the coming quarters. (CoStar)
Trade uncertainty and the impact of the government’s new budget could help shape industrial performance in the coming quarters. (CoStar)
CoStar Analytics
January 14, 2026 | 1:31 P.M.

Canada’s industrial sector continues to navigate a wave of new supply that has come to market over the past couple of years. Leasing activity recovered throughout 2025, indicating that the market was beginning to regain its footing, with occupiers interested in taking advantage of declining rents.

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News | On weak footing, industrial sector faces prospect of very different scenarios