Canada Retail National Report

Since the departure of Hudson’s Bay, space demand has remained soft and has lagged new completions, reflecting retailer caution amid shifting demographic trends and the prolonged Canada-U.S. trade war. Despite these headwinds, select retailers continue to pursue growth opportunities, as consumers remain focused on value-oriented, cost-conscious spending amid ongoing inflation concerns.

• Analysis of sector and macroeconomic trends affecting supply and demand in Canada’s retail sector
• 2026 retail sector forecast
• Outlook of Canada’s retail investment and capital markets landscape