Canada’s Office Market Strength Expected to Mitigate the Impact of the Recession According to Colliers International

Toronto

Press Release

	Canada’s Office Market Strength Expected to Mitigate the Impact of the Recession According to Colliers International
	Canada’s office market is well positioned going into the projected recession, thanks to its strong performance during recent years that drove vacancy rates down to historically low levels and continued to drive rents higher through 2008. According to analysis conducted by Colliers International, which encompassed Canada’s six major cities including Montreal, Ottawa, Toronto, Calgary, Edmonton and Vancouver, these strong market indicators, coupled with a limited supply of new office space in most markets, will help the office market to weather the current economic slowdown.

	Contact Sarah Eadie at 416.643.3768 for more information. FINAL_2009ForecastNewsRelease.pdf