Jul 21, 2025
Caution Nationally, Momentum Locally
The Bank of Canada’s latest Business Outlook Survey shows a cooling business climate across much of the country. Hiring and investment plans have softened, and fewer firms expect sales growth in the coming year. Office footprints are under review, and expansion decisions are being deferred in many markets. But Calgary is charting a different course. Here at home, we continue to see new-to-market tenants, net migration gains, and demand across flexible office, industrial, and