Economic Impact Assessment
Ottawa’s commercial real estate industry
Gain insight into the economic impact of Ottawa’s commercial real estate industry.
As commercial properties initiate their life cycle, there is significant and continuous impact to the local and broader economies, including spending, employment, income and municipal revenue. In order to strengthen the decision making process and support the commercial real estate industry it is critical that the City’s industry and business leaders, as well as government officials recognize the commercial real estate’s significant impact, and substantial economic contribution.
Deloitte has undertaken a study to further understand and quantify the economic impact of the commercial real estate industry within the City of Ottawa. Our study is an assessment of the direct and indirect economic impact of development, construction, transaction and operations activities within Ottawa’s office, retail and industrial property market in 2011.