Toronto, Ontario · 116.1
+2.7% year over year and -0.2% quarter over quarter in Q2 2026.
Open office rent history →OfficeBuildings.ca / Statistics Canada office rent data
Statistics Canada office rent dataCanada office rent index.
The latest national office-building rent price index is 109.9 for Q2 2026, +1.6% year over year.
The latest office rent signal
The index reports change in net effective rent for occupied sampled office buildings. It does not report asking rent, vacancy or dollars per square foot.
Canada index109.9
Annual change+1.6%
Latest quarterQ2 2026
Observations330
Major Canadian office markets
Compare the four metropolitan office series published in the current source table.
Calgary, Alberta · 94.5
+2.4% year over year and -0.2% quarter over quarter in Q2 2026.
Open office rent history →Montréal, Quebec · 114.2
+1.9% year over year and +1.2% quarter over quarter in Q2 2026.
Open office rent history →Vancouver, British Columbia · 116.2
+1.0% year over year and +0.0% quarter over quarter in Q2 2026.
Open office rent history →Every published geography
Use the same quarterly method across national, metropolitan, provincial and regional series.
| Geography | Latest period | Index | Quarterly change | Annual change | Since 2019 |
|---|---|---|---|---|---|
| Canada | Q2 2026 | 109.9 | +0.1% | +1.6% | +9.9% |
| Calgary, Alberta | Q2 2026 | 94.5 | -0.2% | +2.4% | -5.5% |
| Montréal, Quebec | Q2 2026 | 114.2 | +1.2% | +1.9% | +14.2% |
| Toronto, Ontario | Q2 2026 | 116.1 | -0.2% | +2.7% | +16.1% |
| Vancouver, British Columbia | Q2 2026 | 116.2 | +0.0% | +1.0% | +16.2% |
| Alberta | Q2 2026 | 99.5 | +0.0% | +2.3% | -0.5% |
| British Columbia | Q2 2026 | 110.9 | -0.1% | +0.7% | +10.9% |
| Ontario | Q2 2026 | 113.9 | +0.1% | +2.6% | +13.9% |
| Quebec | Q2 2026 | 112.1 | +0.6% | +0.8% | +12.1% |
| Atlantic Region | Q2 2026 | 102.7 | +0.3% | +0.9% | +2.7% |
| Prairie Region | Q2 2026 | 98.8 | +0.0% | +1.6% | -1.2% |
Fast answerTreat 2019 as the 100 base. A value above 100 indicates that the measured net effective rent level is above the 2019 annual base; a value below 100 indicates it is below that base.
What net effective rent means here
The source is designed to measure price change for occupied commercial office space after relevant rent considerations in the survey method. It is different from a public asking-rent list and does not describe vacant supply.
What the index can answer
Use the time series to compare the direction and pace of measured office rent change across the published geographies. It can support budgeting context, renewal planning and questions for current market research.
What the index cannot answer
It cannot establish the rent, operating costs, incentives, vacancy, availability, condition or suitability of a specific office building or suite. Those facts require current transaction evidence.
Source and refresh method
OfficeBuildings.ca retrieves the Office buildings series from Statistics Canada Table 18-10-0260-01 through the Web Data Service, preserves every published non-null geography and publishes the source period and interpretation boundary.
Evidence boundary: office availability and quoted economics change. Confirm current premises, authority, area, costs, permitted use and documents for the specific transaction. Read the methodology.
Official source: Statistics Canada Table 18-10-0260-01
This index measures change over time in net effective rent for occupied sampled office space. It is not an asking-rent survey, vacancy measure, dollars-per-square-foot benchmark, appraisal or evidence that a specific property is available.
Open the official table ↗ · Read the methodology ↗ · Open licence ↗
Adapted from Statistics Canada, Commercial rents services price index, Table 18-10-0260-01, 2026-Q2. This does not constitute an endorsement by Statistics Canada of this product.Office rent index questions
Direct answers about the source and its limits.
What does the Canadian office rent index measure?
It measures quarterly change in net effective rent for occupied sampled office buildings. It is a price index with 2019=100, not a quoted rent per square foot.
Does an index level of 110 mean office rent is $110 per square foot?
No. An index of 110 means the measured rent level is about 10 percent above the 2019 annual base, subject to Statistics Canada methodology and revisions.
Can the index price a particular office lease?
No. A specific lease still requires current comparable evidence and adjustments for location, building, floor, area, term, incentives, operating costs and condition.