Comments –

Activity in the core of the City has certainly picked up over the summer and so has the Occupancy Index, a measure of how many office employees are returning to the office on a weekly basis and most are returning on a voluntary basis. Interviews conducted with employers indicate that plans to return are still subject to the impact of changing COVID conditions.

Last September, the temporary return to school led to spike in office attendance which we expect to happen again this September. The question remains, will this start to see a substantial return or not. .

… stay safe - the SRRA Team

Links to Articles of Interest

You must be vaccinated to gain entry to our offices – an increasingly common message that begs the question “how could it be otherwise?”

TTC and Metrolinx relatively well-off compared to the MTA in New York – said to be comparable to financial four alarm fire according to MTA officials

Mixed messages on the return to the office – beware “trends” where the explainer has a vested interest in the outcomes

Housing affordability returns to the top of the agenda in the U.S. – recalling the experience of places like Boston a decade or so ago that lost employers as a result of steep housing costs…is it time to re-link the issues of transit, office location and housing affordability in the GTA?

Not the kind of move that Toronto’s financial core would want to see