Toronto’s office sector is expecting to see improvement this year as more office workers return to their desks, but new supply and a strong preference by tenants for space in trophy buildings remain obstacles to a stronger recovery.
Toronto's office sector shows signs of improvement
Mandates scaling back remote work by financial firms, government give market a boost
By Neil Sharma
January 7, 2026 | 11:31 p.m.
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IN THIS ARTICLE
- Properties
- CIBC Square - Phase II
141 Bay St, Toronto, ON
- Companies
- Royal Bank of Canada
Finance and Insurance
- City of Toronto
Public Administration
- JPMorgan Chase & Co.
Finance and Insurance
- Contacts
- Ben Haythornthwaite
Director of Market Analytics, CoStar Group