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Canadian vacancy rates drop across office, industrial sectors

It's the first dual decline since 2020, Colliers finds
Canada's offices, including the Deloitte Tower in downtown Montreal, are getting fuller, according to a new report. (CoStar)
Canada's offices, including the Deloitte Tower in downtown Montreal, are getting fuller, according to a new report. (CoStar)
CoStar News
April 13, 2026 | 12:38 P.M.

Vacancy rates for both office and industrial real estate declined nationally in the first quarter, according to Colliers Canada, marking the first time since 2020 that both sectors tightened simultaneously.

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