24 Oct 2011

Dealing with workplace stress

Recent data released indicates that a considerable number of Canadians suffer from workplace stress.According to Statistics Canada, in 2010, 3.7 million working adults described their everyday lives as significantly stressful, with an additional 6.3 million saying they're at least a little stressed most of the time. Of those who felt anxious regularly, nearly 65 percent attributed it to their work life."While some stress is a normal part of the workplace, excessive stress can interfere with your productivity and reduce your physical and emotional health," said Leandra Harris, vice president of human resources for Randstad Canada, a staffing and recruitment firm. "By knowing how to deal with stress at work, employees become more productive, effective and efficient, and overall life anxiety and stress are minimized."In addition to taking regular breaks and doing more planning and prioritizing, Harris said one of the best ways to decrease stress is to organize a workspace. Cleaning up one's desk can help workers accomplish more of…

21 Sep 2011

While the Toronto economy is producing jobs at a prodigious rate, there may not be enough room in the city to accommodate them, a new report reveals.According to a report from the Canadian Urban Institute and Real Estate Search Corporation, approximately 15,000 new jobs are expected to be produced for the financial services sector between now and 2015. However, based on building projections and vacancy rates, there aren't enough developments to house these jobs, particularly in downtown Toronto.Jeff Orlans, chairman of the Toronto Office Coaltion, the organization the report was prepared for, said the ramifications could be significant."What this means is that those jobs will go to car-dependent locations outside the 416 region, adding to existing high levels of congestion,"…

20 Sep 2011

While residential property purchases are increasing in the GTA, demand for office space is also on the rise, a new report indicates.According to commercial real estate services firm Cushman and Wakefield, vacancy rates fell from 10.5 percent in the second quarter to 10 percent in the third quarter in Toronto.Paul Morse, senior managing director of office leasing for the commercial real estate organization, said office space in downtown Toronto is particularly hard to come by."The overall strength and vitality of the downtown core remains solid and we expect this trend to continue as financial institutions' demand for office space moves toward a more normal market and head office activities from other sectors choose to consolidate and expand in the core…

5 May 2011

Though office space in the Toronto area has been taken up at brisk pace this quarter, the commercial real estate market in the GTA suffered a bit of a setback in the month of April. According to the Toronto Real Estate Board, 842,406 square feet of space was leased by commercial property hunters. That’s a significant amount of space no longer available for rent, but it’s down 27 percent compared to the same month last year, when 1,155,944 square feet of space was leased. Despite the downturn, Larry Purchase, chairman for the TREB’s commercial division, said high demand will keep the market operating in the black. “As the Canadian economy continues to expand in 2011, demand for commercial real estate…

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