Look at the commercial properties in Ottawa.
https://properties.zoomprospector.com/ottawa?page=1&s%5BSortDirection%5D=true&s%5BradiusLat%5D=0&s%5Bradius%5D=0&s%5BradiusLng%5D=0&s%5BSortBy%5D=featured&s%5BSizeUnits%5D=1
Some of you may know that occupancy in commercial business space is down, some federal governments spaces are less than 50% occupied.
Some commercial tenants will simply not renew their leases.
What will be the consequence of this in Ottawa? Do you know? Have you asked or surveyed landlords about their business horizons?
When building owners do not have tenants, who will support their mortgage payments?
This will affect their supporting banks adversely.
Are those buildings convertible to residential space? Do city bylaws permit the transformation?
What will be the consequence of this in Ottawa? Do you know? Have you asked or surveyed landlords about their business horizons?
When building owners do not have tenants, who will support their mortgage payments?
This will affect their supporting banks adversely.
Are those buildings convertible to residential space? Do city bylaws permit the transformation?
Will you look into this or remain willfully blind about the issue of low occupancy in commercial buildings?
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