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                                enzinga and Yahoo Finance earn commissions from links below. Ottawa’s plan to shrink office footprint clashes with return‑to‑office mandate. The government targeted a 50 % reduction of office space by 2034, projected to save C$3.9 billion. New rules—requiring staff to be in office at least three days a week (four for executives)—and a 16,000‑person workforce increase have pushed the target back to about one‑third of the space. PSPC says expanded space needs and growth to over 306,000 employees drive this change. The downsizing was meant to cut costs, but projected ten‑year savings now fall to about C$2.45 billion. Auditor General Karen Hogan warned that keeping surplus buildings raises maintenance costs urged repurposing. PSPC pursues shared‑space arrangements and disposal of excess properties, though some departments resist shrinking footprints. Ontario plans 60,000 provincial staff by 2026; Ottawa will require municipal employees to work five days a week next year. Arrived Home’s Private Credit Fund offers an 8.1 % yield on residential‑real‑estate‑backed loans.                            
realestate
RTO Rules Force Canada Gov to Reconsider Expensive Real Estate Plan
Canada pushes staff back to offices while planning to cut its real estate by half by 2034, save nearly...
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                                                realestate
                                                
                                        Inked: Long Island Commercial Real Estate Deals | L.I. Business News
                                                    Recent Long Island commercial real estate deals include industrial, office, retail in Hauppauge, New Hyde Park, Mineola.                                                
                                                
                                            
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                                                realestate
                                                
                                        County Joins Crypto Real Estate Market
                                                    Avalon & Stone Harbor homes, priced ~$25M, open to crypto payments—first such deal in Cape May County.                                                
                                                
                                            
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                                                realestate
                                                
                                        Inked: Long Island Commercial Real Estate Deals | L.I. Business News
                                                Recent Long Island commercial real estate deals include industrial, office, retail in Hauppauge, New Hyde Park, Mineola.                                                
                                                
                                             
                                                         
                                                         
                                                         
                                                         
                                                         
                                                         
                     
                 
                         
                         
                        