Comments –
It is clear from the data that even the sporadic voluntary return by individuals has lessened and those that do come in are coming in for pressing issues and not staying. The office sector in Downtown Toronto is listening to governments and experts. Although the Index is at its lowest point the numbers are different from the early stages of the pandemic. Most of the return is not regular 9 to 5 - 5 day a week in office attendance and therefore, more difficult to calculate, a sign of the future perhaps.
SRRA is conducting research on the mid term impact of COVID on growth and competitiveness on the region and will start posting point form results of that work in the months ahead. What is clear is landlords and employers are well positioned to accept employees back when government guidelines and pandemic experts are supportive, what isn’t clear is how the public will accept transit to return to office jobs in the downtown… stay safe - the SRRA team
Links to Articles of Interest
Lessons in future competitiveness for the GTA from London?
Is the UK opening Pandora’s Box with move to examine “right to work at home”?
Advocates for benefits of an exciting office environment put digital nomadism into perspective