Canadian Tech Occupiers Guide

Commercial Real Estate Office Technology Company Map - Toronto

As the Canadian commercial real estate market strives for stability amid the challenges of rekindling workplace confidence in the post-pandemic era, the tech sector emerges as a dynamic player with a profound impact. Tech giants, including Shopify and Dell, have made strategic decisions regarding in-office work, while companies like Zoom and Salesforce are mandating a return to a more progressive work environment. This shift is poised to gain momentum as vacancy rates in major markets begin to stabilize, and while amentization and incentives boost the attractiveness of the workplace. Certain regions within Canada have emerged as prominent tech hubs, attracting a high concentration of tech workers. For instance, the Waterloo Region stands out, ranking third in the country for post-secondary enrollments in Engineering and Technology and 37th globally. Meanwhile, Calgary becomes the fastest growing digital innovation hub with increased interest on the part of investors.

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