Home Business Worker foot traffic in downtown Toronto still down 46% compared to pre-pandemic: study

Worker foot traffic in downtown Toronto still down 46% compared to pre-pandemic: study

by News Desk
0 comment

Worker traffic in downtown Toronto is still significantly down compared to pre-pandemic levels due to increased remote and hybrid work.

Other major cities in Canada are seeing similar trends, raising questions about the future of work in the country’s downtown core.

according to this New study by the Canadian Chamber of Commerce analyzed how the pandemic has changed workplace mobility in Canada.

The study found that worker traffic in many downtown cores in Canada’s largest cities has been slow to recover, although many smaller cities have seen increases compared to pre-pandemic levels. I was.

The survey found that the number of workers in downtown Toronto is down 46% since January 2020, while Vancouver is down 48% and Ottawa is down 44%.

Meanwhile, the study showed that smaller cities in Ontario are seeing more workers coming and going compared to 2020. Bally’s is up 29% from him and Brantford is up 39% from her.

The pandemic has caused a ‘hollowing out’ of the in-person workforce in large downtown cores, while suburban areas will grow as more workers adopt remote work models, research shows continues.

“While the traditional ‘hub’ appears to be shrinking as a result of the pandemic, the outer ‘spokes’ are growing. This is consistent with migration away from downtown Canada’s big cities, preferring less densely populated areas (often less than two hours away from a big city), with knowledge workers willing to work remotely. We are leading the way,” said the study. .

“Such shifts in work locations are having a significant impact on the local real estate market, which could lead to higher demand for housing outside of the big cities in the early days of the pandemic and lower demand for office space downtown. ”

The study identified a number of indicators driving this change since the pandemic began.

Where there is a high proportion of workers with college degrees, a high proportion of families with women and children, and a high proportion of people who use public transport to commute, return to face-to-face workers is common. A study found that it was late.

These trends are not only posing challenges to the economic development of downtowns in Canada’s largest cities, such as Toronto, but also new growth in small and medium-sized cities where more and more workers are moving, according to the study. It brings opportunities.

However, Lindsay Broadhead, Senior VP, Communications and Public Relations Toronto Regional Trade Commission (BOT) says the data doesn’t tell the whole story.

“Somehow [workers are returning] There is already an existing ability to stay within that range whether it works or not. [downtown] core. With tens of thousands, if not hundreds of thousands, of people already in the center, the composition of our city center is quite different from other cities. It is supported by a very strong tourism economy that has returned. Tourists are the first to come back, followed by business travelers,” she said.

“Underpinning this is a much more complex story, and it’s a revival story. It’s a slow return, but it’s very important to understand the dynamics of the city itself.”

While worker traffic in downtown Toronto has yet to return to pre-pandemic levels, overall downtown pedestrian traffic is showing signs of recovery.

just last month, More than 500,000 people walked Yonge Street in downtown Toronto over Thanksgiving weekendindicating a return to pre-pandemic pedestrian levels along busy corridors.

And worker occupancy in downtown Toronto is increasing month by month as pandemic restrictions ease.

Strategic Regional Research Alliance (SRRA) monthly Occupancy It tracks average weekly office attendance in downtown Toronto, calculated as pre-pandemic occupancy.

As of November 1, it was 36%, up from 20% in April and less than 10% in February.

“Data are starting to show a slow and measured return to office work. Employers will start to insist on more in-office operations as new challenges emerge in the economy,” SRRA said.

But while Broadhead says remote work can only be encouraged in certain industries, he believes remote work will take hold, at least to some extent.

“The majority of metropolitan hubs like Toronto were occupied by companies that encouraged remote work. compared to something like a distribution zone [airport] range; these companies were really frontline workers and distributed our essentials, so those people had jobs and we needed them to keep their jobs,” she said. Told.

Broadhead said downtown Toronto needs to get creative to attract new types of industries that rely on face-to-face work to replace office workers who may have left downtown for good. It says there is

“The kind of businesses that downtown Toronto is trying to attract are those that rely on face-to-face work. It’s very direct and there’s no reason it can’t happen here,” she said.

Broadhead says overall numbers will fully recover, even as traditional office worker movement to downtown cores declines.

“Will the number of people coming back to the downtown core stay at the same rate? 100 percent, yes,” she said.

“Is it those same workers, I think probably not.”

You may also like

Leave a Comment

Copyright ©️ All rights reserved. | Canadian Trends