Working from home is here to stay and that has consequences for both housing and office space

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Teleworking will have lasting impacts on housing markets and the demand for office space. Read more.

The uptake in working from home in early 2020 is understandable. Employees were told to stay home, restaurants and recreation facilities were shut, and intercity and international travel was curtailed, if not outright restricted. As a result, more three million Canadians lost their jobs from February to April 2020, and millions more saw their working hours decline.Article content

had only partially resumed to pre-pandemic levels by May 2021, but a higher-than-expected incidence of working from home persisted, despite skeptics who had written it off.Consider that in 2016, Saskatchewan reported the highest share of stay-at-home workers, partly because of the larger share of workers residing in rural and small-town communities. By 2021, however, Ontario reported almost 30 per cent of the workforce was operating from home, followed by 22.6 per cent in British Columbia.

For example, 44 per cent of the workers in Ottawa, where the public sector dominates the labour force, reported working from home, and the figures are 35 per cent in Toronto and 28 per cent in Calgary.

 

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Working from home is here to stay and that has consequences for both housing and office spaceTeleworking will have lasting impacts on housing markets and the demand for office space. Read more.
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