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.
Already benefiting from strong fundamentals pre-pandemic, the industrial market proved extraordinarily resilient in 2020 and is expected to remain so in 2021.
While overall investment activity is down substantially in 2020, uncertainty will dictate investors’ appetite to deploy capital in 2021.