10 Second Headlines

October 15, 2021

CALGARY – DOWNTOWN OFFICE SPACE Calgary has nearly 13.5 million ft2 of unoccupied downtown office space (enough for 900,000 workers)… 2x the amount of total downtown office space per capita compared to Toronto. 2%… Read More

October 8, 2021

NORTH AMERICAN EMPLOYMENT DATA Canada added 157,000 jobs in September bringing us back to the February 2020 pre-pandemic level. Unemployment rate 6.9% vs 7.1% in August (5.7% February 2020) Employment gains were wide spread,… Read More

October 1, 2021

GLOBAL ENERGY SHORTAGE China Rationing electricity to energy hungry businesses because of a coal shortage Limited coal supplies are due to higher safety standards for mines and increased enforcement of emission standards Local officials… Read More

September 24, 2021

COVID-19 … IMPACTS AND DEVELOPMENTS Office vacancies in Canada are at the highest level since 1994. Canadian office vacancy rate is 15.7% Q3 2021 vs 15.3% Q2 2021 Toronto 13.7% vacancy rate, Vancouver 7.4%,… Read More

September 17, 2021

GLOBAL DEBT AND INFLATION Global debt grew $4.8 trillion (to $296 trillion) in Q2 according to IIF (Institute of International Finance). Increase was led by households (added $1.5 trillion of debt in H1 2021),… Read More

September 10, 2021

CANADA EMPLOYMENT Canada added 90,200 jobs in August (3rd consecutive increase, 3 month total of 345,000). Full time added 68,500 (private sector added 77,000) Unemployment rate 7.1% (lowest since the onset of the pandemic)… Read More

September 3, 2021

COVID AND THE REOPENING Firms around the world are requiring employees to be fully vaccinated against COVID-19 to return to the office and in-person meetings with clients. Includes banks, law firms, accountants, private companies,… Read More

August 27, 2021

CANADA Canadians paid down a record $20.6 billion in non-mortgage debt from the beginning of the pandemic through January 2021, including $16.6 billion of credit card debt. Recent Leger online survey of 1,519 Canadians… Read More

August 20, 2021

ENERGY AND ENVIRONMENT California is building 5 temporary gas-fueled generators with a total capacity of 150 megawatts to increase the power grid in the evening to avoid blackouts. Swedish venture HYBRIT using fossil-free electricity… Read More

August 13, 2021

WHY IS THE U.S. LABOUR FORCE SHRINKING? (BLOOMBERG) Working age population (15 to 64) declined for the first time in decades in 2019 and then again in 2020. Boomers’ retirement more than doubled in… Read More