Financial Post: Posthaste: These Canadian regions are headed for ‘city-cessions’ — a sign Canada may not be far behind
While Canada’s economy has yet to dip into recession, new data from the Business Data Lab suggests that many of the country’s major cities are already heading into downturns known as “city-cessions.”
Sudbury.com: Greater Sudbury lags in COVID employment recovery
Canadian Chamber of Commerce Chief Economist, Stephen Tapp, filled a local audience in on the 2023 Development Outlook, including various insights regarding the local economy.
Toronto Star: Is Toronto rotting at the core? Downtown foot traffic still 46% lower than before pandemic, study finds
Foot traffic in downtown Toronto has continued to fall significantly since pre-pandemic norms in 2020, as hybrid work persists and fewer residents travel to work downtown, a new study has found.