Cost of Living

Reports of the death of the office may have been greatly exaggerated

Working from home is the new reality for now as the COVID-19 pandemic continues. But is commercial real estate gone, never to return? Or does physically working together, and office culture itself, have a financial benefit for businesses?

Physically working together could have a financial benefit for businesses

A "For Lease" sign is pictured in front of a North Vancouver office building in 2018. (David Horemans/CBC)

If everyone is working from home due to COVID-19, what happens to the land of fluorescent lights and thermostats held under plastic lock and key? is the office dead, with commercial real estate gone and never to return?

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Or is the shift to the virtual workplace just that —  virtual — and we'll be back to the office just as soon as you can type CTRL-Z on the pandemic?

We look at whether physically working together, and office culture itself, has a financial benefit for businesses.

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