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The City of Toronto has officially recognized, last week, the importance of a return of downtown office workers. The joint campaign with the Board of Trade includes insights by among others SRRA’s research and represents an important change in ‘official’ attitudes with respect to a return to the office. Its time to start implementing the plans employers have been working on.

Major employers in cities around the world, NYC 24.5%. London 20% for example, are bringing employees back to the office in financial core office clusters. In Toronto, where double vaccinations are leading the country, the office worker in downtown Toronto is still staying home. The increase by July 1st to 6% occupancy is being led by individuals rediscovering the office and as of yet few employers are insisting on a return while regulators maintain restrictions. Look for this to start changing in July with significant change in August.

… stay safe - the SRRA Team

Links to Articles of Interest

Finally – Toronto starts to mobilize a back to the office movement

City and Board of Trade offer up ‘playbook’ to help firms get workers back at the desks

Survey pokes holes in aspirations to continue working from home

Momentum shifting quickly to a return to the office in New York

More insights into preparing for hybrid work environments

An important point about the value of investing in transportation to help the economy grow

NY Times piece underscores how U.S. and Canadian cities are not necessarily comparable.

The pandemic has worn many office workers down, leaving them vulnerable and uncertain

Companies in London starting to second guess decisions to put space on the market