A new report shows Canadian employees are adopting balancing working from home and returning to the office in a hybrid work model.

This has an impact on commercial real estate markets, and there are more vacant office spaces that need to be filled.

In 2009, IBM sold off office property because many employees in 173 countries worked remotely.
In 2017, IBM called its employees back to the office, only to send them home in 2020 during the COVID-19 pandemic.
- 80% of the company’s employees prefer a hybrid work arrangement.
- To encourage employees to return to the office, companies are offering gourmet food, coffee, and in-office activities.
“One way to encourage people to come in is to improve the amenities for the entire building, not just one company,” says Ted Mildon, senior director of office leasing for Oxford Properties Group in Vancouver.