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Billions in financial aid have been deployed by the Canadian government to support workers and businesses and to kick-start the economy.
Hardest hit in 2020, the retail sector faces uncharted territory in 2021 as essential services benefit while others bear the brunt of restrictions and e-commerce proliferates.
The tug-of-war between working from home and returning to the office has led to debate as to whether the “new normal” is cyclical or structural change.
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Already benefiting from strong fundamentals pre-pandemic, the industrial market proved extraordinarily resilient in 2020 and is expected to remain so in 2021.
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While overall investment activity is down substantially in 2020, uncertainty will dictate investors’ appetite to deploy capital in 2021.