Leo Lee

Most of Canada only recently began to reopen as lockdowns began to ease in the second half of Q2 2021.

Q1 2021 brought both the vaccine rollout but also renewed lockdowns, however, this time around many businesses knew how to respond, resulting in minimal job losses.

The Toronto Multifamily Sector continues to be one of the most resilient asset classes in commercial real estate. Values have maintained trends seen pre-pandemic and Q3 investment volume increased above the five-year average after experiencing a significant slowdown in Q2 of this year.