Warehouse leasing jumps as shippers seek tariff workarounds

April 15, 2026
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MONTREAL — Canadian warehouse leasing numbers surged last year as shippers sought flexibility — and a way to work around burdensome U.S. tariffs, a new report says.

Leasing activity in the Toronto area soared to the third-highest level on record in 2025, climbing 43 per cent to 26.9 million square feet, according to figures from real estate firm Cushman & Wakefield.…

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