Toronto Tech Boom: 2019 Snapshot

Toronto Tech Talent Snags #3 Spot in CBRE’s Ranking

Confirming Toronto’s rapid ascension from tech player to tech powerhouse, CBRE’s 2019 Scoring Tech Talent report indicates the city has snagged the number 3 spot in CBRE’s North American Tech Talent Ranking, coming in just behind tech juggernauts San Francisco Bay Area and Seattle.

TECH TALENT SCORECARD RANKING, 2019, CBRE RESEARCH

The score is based on 13 metrics that measure the market’s depth, vitality and attractiveness

Toronto has added an astonishing 80,000 plus tech jobs, a 54% increase, over the past five years. Impressively, the city claims the fastest rate of growth out of all 50 markets tracked in the report. In fact, this solid showing reveals the number of tech jobs created in Toronto since 2013 is nearly equal to the number created in San Francisco Bay Area in the same span.

WHERE ARE TALENT WORKERS COMING FROM AND WHERE ARE THEY HEADED?
BRAIN DRAIN OR GAIN?

Source: Scoring Tech Talent, 2019, CBRE Research

Top 5 Brain Gain Markets

Toronto, ON
SF Bay Area, CA
Seattle, WA
Charlotte, NC
Vancouver, BC

Tech Degrees (2012-2017)

22,466
33,809
15,213
5,889
11,140

Tech Jobs Added (2013-2018)

80,100
88,500
30,680
18,070
22,300

Brain Gain
(Talent Added)

+57,634
+54,691
+15,467
+12,185
+11,160

Lowest 5 Brain Drain Markets

Chicago, IL
Phoenix, AZ
Los Angeles, CA
Boston, MA
Washington, DC

Tech Degrees (2012-2017)

30,471
24,404
41,453
37,717
49,060

Tech Jobs Added (2013-2018)

15,790
9,310
19,704
3,710
5,520

Brain Drain
(Talent Lost)

-14,681
-15,094
-21,749
-34,007
-43,540


Reinforcing the CBRE’s 2019 rankings, recent media reports have detailed how Toronto, along with other Canadian cities such as Vancouver (#12), Montreal (#13) and Ottawa (#19) are currently attracting an extraordinary roster of technology jobs/investments. To illustrate, both Accenture and Amazon have announced plans to create 800 and 600 jobs, respectively, and Salesforce has committed to investing $2 billion in Canada over the coming five years. Additionally, technology powerhouses Uber, Netflix and Google are among the tech companies developing hubs or planning expansions in Toronto.

JLL Report: Toronto is One of the World’s Most Innovative Cities

Toronto has established an enviable reputation internationally and has been polishing its status as a global player for some time. A recent report from JLL, a global provider/leader in real estate services, positions it amongst 10 “contenders” of the world’s most innovative cities that are now nipping at the heels of the commonly-held “big seven” (London, New York, Paris, Singapore, Tokyo, Hong Kong and Seoul). The rankings are based, in part, on analysis of leading indices that measure cities’ performance in key areas to include knowledge industries and innovation, human and social capital, infrastructure and repute.

The JLL report outlines the criteria that support a city’s designation revealing “The contenders are also benchmarked against seven core characteristics that the top echelon of cities possesses. These measures include:

    • Corporate presence with a critical mass of corporate headquarters and global enterprises such as finance, professional services and media;
    • Gateway functions facilitating two-way movement of people, investment, trade, tourism and information;
    • Scale and size of market and populations to support agglomeration, growth opportunities and capital investment;
    • Infrastructure platform to connect and support firms, workers and visitors;
    • Diverse and skilled talent pools;
    • Specialization and innovation to produce and commercialize knowledge, products and services; and
    • An attractive global brand and identity that projects the city’s core values.”

As these metrics support the growth of the tech sector in any individual centre, Toronto’s strong showing is not surprising in that it performs well in each category.

The city’s evolution, that has fueled its transformation into one of the world’s fastest-growing destinations for technology jobs, is the result of strategically leveraging early investments in artificial intelligence (AI) and importantly, the decades-old funding of basic research at Canadian universities that led to the breakthrough for machine-learning technologies. Small-part luck and large-part foresight, both are now hotbed technologies that are currently in extraordinarily high demand.

As well, the Canadian government’s support for technology development — with programs funding R&D, commercialization of projects and other resources available to underwrite innovation — along with, perhaps most significantly, a Canadian immigration policy that welcomes high-skilled workers, i.e. technology talent, sees Toronto well-positioned to become Silicon Valley North.

“Toronto, San Francisco and Seattle are comfortably mentioned in the same sentence and are attracting the best in the industry.”

Even in a diverse and dynamic city such as Toronto, the growing impact of the tech sector is dramatic and measurable. “Tech job growth has a multiplier effect in the economy and the influence of tech is re-shaping virtually every sector of real estate,” said CBRE Canada Vice Chairman Paul Morassutti. “Toronto, San Francisco and Seattle are comfortably mentioned in the same sentence and are attracting the best in the industry.”

Six Important Stats for Toronto

What happens when you get a city with a thriving start-up scene, world-class higher education, over 120 research institutions, a large pool of home-grown talent coupled with a diverse brain gain, a tidal flow of international capital, a strong infrastructure, and a global liveability score that ranks in the top 10?

It’s time to declare Toronto an established tech giant. Here are six important statistics that support the title:

#1
in highest tech brain gain in North America

#1
in largest growth momentum in tech labour pool in North America

#3
in North America for overall tech talent ranking

#7
in the world for liveability

#4
in North America for the dollar value of VC financings (Ontario)

#2
of “contenders” of the world’s most innovative cities


At a time when high-tech work can be done anywhere, anytime, 24/7 and even globally, today’s ideal office space is a flexible environment that is supported by the latest technology and allows workers to connect and collaborate with like-minded professionals in accommodating shared spaces. As Toronto continues to evolve as a tech hub, shared workspaces equipped with a range of equipment and amenities is a chance to be part of something significant. If you’d like more information on how our shared office space can work for you, call The Professional Centre today at 416-367-1055 or contact us.

 

 

How Industries Are Trying To Co-Opt The Coworking Model

 

They say imitation is the sincerest form of flattery. What that really means is that people copy success. As a result of the success of coworking, there are more industries trying to adopt or co-opt the model and make it their own.

In this piece, we take a look at some of the ways other industries are trying to leverage alternative coworking spaces.

Showrooming

A lot of major brick and mortars are feeling the pains of a growing digital world. Even major brands like Sears, KMart, and Macy’s are suffering, and have had major store closures over the past few years. Owning physical, commercial space is expensive, and it’s tough for companies to compete with digital businesses that can pour more resources into advertising and support.

Furniture companies are among the hardest hit businesses. They require large spaces for displays and struggle to compete with the prices of digital giants like Wayfair.

So, to better compete, furniture retailers are co-opting the coworking model with the “showrooming” trend.

Showrooming is where the retailer places their furniture into a space where people can use it. It’s like a functional display. They’re often used in coffee shops, coworking spaces, or even public buildings like museums and galleries. The furniture is sometimes donated, and other retailers pay a small fee to install them.

The showrooming approach is kind of similar to art at a coffee shop. They add to the atmosphere of the location, while also allowing clients to test and purchase the item.

Restaurants

The restaurant industry is tough. Margins are low, and in the digital age, the critics are plentiful. To help make the most out of their space, some restaurants are transitioning into the coworking space.

During off-peak hours, the restaurant closes down the kitchen and transforms into a space for business. They rent coworking space out to people and then revert back to a restaurant as peak business hours return.

It’s a good use of the space they already have, with their carefully curated atmosphere, comfortable chairs, and tables. And of course, most restaurants have the staple of any good office space – coffee.

During this time, the restaurant can operate much more efficiently. They keep their operational costs low, closing down their kitchens and minimizing the staff. However, this approach may be more beneficial to the restaurant than to the coworkers.

The people who rent coworking space in a restaurant have limited access. During peak restaurant hours, they need somewhere else to work. They may find themselves having to cut meetings short, so someone can bus their “desk” before the dinner rush.

It’s an approach better suited to freelance gigs and people working on their side-hustle, rather than businesses.

Gyms

Even some gyms are jumping into the alternative coworking space trend. Those with a large lounge area can meet a few coworking basics, like internet access and a place to sit. Plus, it makes it easier to squeeze in a workout after work.

In gyms with 24/7 access, you can get around the temporary workspace issue of restaurants. But they also come with their downsides, such as having to deal with a lot of distracting foot traffic and sharing the space with some exceptionally sweaty people.

Industry-Specific Spaces

Some existing and emerging coworking spaces are trying their hand at going industry-specific.

There are some benefits to this, as companies in the same industry can share similar needs and learn from each other. However, it can also create issues. For one, going industry-specific means sharing office space with your direct competition.

As well, you miss out on one of the main benefits of coworking, diverse collaboration. The pool of talent, knowledge, and networking available becomes more limited when renting an industry-specific coworking space.

Differentiation Strategies

In addition to industry-specific spaces, there are a few other differentiation strategies that new coworking spaces are trying. Two that have been receiving the most media attention are all-female and LGBTQ+ coworking spaces.

These alternative coworking spaces do address some issues. Such as the underrepresentation of women in coworking. However, they are also coming under a lot of scrutiny.

A common criticism is that by only allowing specific groups or demographics, these spaces are actually worsening the issues. An inclusive space has more societal benefits than an exclusive one.

Another criticism is that some of these spaces aren’t really meant to resolve issues or champion human rights. Instead, they’re just leveraging them for profit.

Why A Dedicated Coworking Space Is Best

The best option for any business is a dedicated coworking space. A true coworking office offers greater benefits, better amenities, and an optimal work environment. Some of the key benefits of choosing a dedicated coworking space over an alternative include:

  • Dedication – Coworking is their main focus
  • Business is a priority
  • Better for image – Professional space and design
  • Full access
  • Business support and amenities are available
  • Better hours
  • Inclusiveness

Book A Tour Of Toronto Coworking Space For Rent

The Professional Centre is dedicated to providing the best possible work environment. Our Toronto shared offices are found in the heart of the Financial District. We have premium amenities, ergonomics, and lighting. Currently, we have coworking space for rent available in Toronto.

 

Book a private tour today.

Toronto and The Global Liveability Index 2019

According to the just-released Economist Global Liveability Index 2019, Toronto is the seventh most livable city in the world (tied with Tokyo). Out of the 140 cities deemed most-liveable in the world, Toronto is holding steady at the same rank as last year. The highly-regarded Index is produced by the Economist Intelligence Unit — a division of The Economist Group which is the parent company of the respected magazine, The Economist.

A brief review of the methodology informing the Index reveals each of the 140 cities ranked is rated across five categories. Once reviewed, a city is then assigned a liveability score based on qualitative and quantitative factors within these groupings:

  • Stability: Analyzes the prevalence of crime and the threat of terror, military conflict or civil unrest
  • Healthcare: Considers the availability and quality of public and private healthcare, over-the-counter drugs and other general healthcare indicators.
  • Culture and Environment: Evaluates temperature rating; climate; level of corruption; social or religious restrictions, food and beverage along with other social components.
  • Education: Appraises quality and access to public/private education.
  • Infrastructure: Assesses roads quality, public transportation, availability of housing, and other related elements.

The ten most liveable cities
Rating is out of 100 with 100 being the best

Country

Austria
Australia
Australia
Japan
Canada
Canada
Canada
Japan
Denmark
Australia

City

Vienna
Melbourne
Sydney
Osaka
Calgary
Vancouver
Toronto
Tokyo
Copenhagen
Adelaide

Rank

1
2
3
4
5
6
7
7
9
10

Rating

99.1
98.4
98.1
97.7
97.5
97.3
97.2
97.2
96.8
96.6

Stability

100
95
95
100
100
95
100
100
95
95

Healthcare

100
100
100
100
100
100
100
100
100
100

Culture

96.3
98.6
97.2
93.5
90
100
97.2
94.4
95.4
94.2

Education

100
100
100
100
100
100
100
100
100
100

Infrastructure

100
100
100
96.4
100
92.9
89.3
92.9
100
96.4


 

Canadian cities dominated the Top Ten as Toronto, along with Calgary and Vancouver, was one of three designated Canadian urban centres. And as with its Canadian counterparts, the city excels in each of the areas that garner a high score on the Index… and guarantees a great environment within which to live and work. These include a well-funded, public-healthcare system, compulsory high-quality education, and a serviceable road and transportation infrastructure. The provision of these vital services is enhanced by a fully-democratic electoral system that is marked by low levels of corruption.

Reinforcing its Top Ten designation on the 2019 Index, Toronto offers a remarkable mix of career and business opportunities in a welcoming, safe and diverse environment. It’s not overstating it to suggest Toronto is the perfect place to live and work if you’re invested in living a healthy lifestyle. Marrying world-class health-related policies, a thriving arts and cultural scene, expansive culinary offerings, along with a lifestyle conscious design, the city offers an extraordinary setting for anyone seeking a healthy work-life balance.

And proof positive that Canada’s largest city is not resting on its laurels, Toronto is aggressively securing its piece of the future with a burgeoning technology sector that is competing measure-for-measure with Silicon Valley and Seattle. The city snagged the number three spot on CBRE’s Scoring Tech Talent Report, which ranks 50 U.S. and Canadian tech markets on 13 unique metrics to include talent supply, completed tech degrees and projected tech job growth.

It’s estimated that a staggering 80,100 tech jobs have been created in Toronto since 2013, which is a 54 percent increase and represents the fastest pace of talent acquisition reported among the 50 high-performing U.S. and Canadian tech markets cited.

Efficiently-serviced, forward-thinking, safe and diverse, if Toronto’s home you can proudly share that you live in one of the best cities in the world…again!

 


Locating a business in Toronto? Need a private or coworking office, or virtual office for your business? 

You can discover an exceptional coworking office experience at The Professional Centre (TPC), the Toronto coworking space where more is standard. If you’d like more information, call The Professional Centre today at 416-367-1055 or contact us.

Choosing The Best Plants For Your Desk | Improving Your Office Space

Office space is always evolving. Whether you’re working from home, at a coworking space, or out of a traditional office, we can all benefit from getting back to grassroots. Literally.

Plants are one of the most popular ways to personalize your desk. Well trends like fidget spinners come and go, plants have lasting power. And that’s no surprise. Not only are they pleasing to the eye and nose, but plants have also proven productivity and wellness benefits.

According to research by England’s Royal College of Agriculture having plants in a room increases attentiveness by 70%. They’re also proven to increase creative ideas and problem-solving.

In this article, we’re taking a look at what to look for when choosing the best office plant for your desk. As well as some suggestions, based on your needs.

Basic Considerations For an Office Desk Plant

The requirements for an office plant are a little different than what you might keep in your home. They’re going to need to be a little hardier, and your choices might be limited by your desk’s location.

Lighting

For starters, it’s best to choose desk lamps that do well in office lighting. If you have window access and plenty of sunshine, you have more options than a desk lit by fluorescent tubes.

Water

Next, you’re better off choosing vegetation that can go a few days without water. Most plants are fine going without water over the weekend. But when you go off on vacation, is there anyone you trust to remember to water your plants?

Size

The third thing to keep in mind is the size of the plant. Is your new desk plant going to take over your desk? The fiddle leaf fig is a cool little plant when you get it. But eventually, it turns into a full-size tree. It’s still a great office plant, but it’s not suited for your desk.

Ease of Care

If you’re looking for a desk plant that’s easy to care for, look no further than the Snake Plant. For those of us born without a green thumb, these plants are perfect for the desk. They thrive in medium and low-light environments and require infrequent watering.

However, make sure you look up the variety of snake plant you’re getting. Varieties like Futura Superba and Futura Robusta are smaller and great for desks. But some varieties can reach up to 40 inches. That’s a lot of desk real estate.

Appearance

When you’re deciding on an office plant, appearance matters. If potential clients or partners will see your desk, having the right look can help. A decluttered space with a plant that fits the look of the office leaves a good impression.

As well, a nice looking plant can boost your mood. For the most part, choosing a plant for the sake appearance comes down to personal taste.

One recommendation we might suggest is an air plant. They come in a variety of looks, and since they don’t need soil they can be hung in all sorts of unique ways. Air plants are fairly easy to care for, usually just needing the roots to be submerged for 2-3 hours per week.

Health

Some plants are even found to help reduce sick days, especially in poorly ventilated or shared office spaces. Almost all plants function as air purifiers to some degree. However, some perform this task better than others.

These purifying plants can help improve your short-term and long-term health. Indoor air can have as much as 120% more pollutants than outdoors. Plants are an effective, natural solution to cleaning your immediate area.

English ivy is one good solution for reducing pollutants in your office, especially if there is poor circulation. Its size is based on its environment. In a smaller pot, it fits easily on your desk and requires little care once it reaches maturity. If your office space has dry air, it has the added benefit of adding moisture to the air.

Wellness

In recent years, office spaces have been making an effort to increase their measure of workplace wellness. Adding plants to your workspace can provide stress relief and increase your perceived quality of life.

If the goal of your desk vegetation is to increase wellness, consider herbal plants. In addition to the soothing nature of plants, the scents of herbs have therapeutic qualities. A few examples include:

  • Rosemary staves off headaches and medical fatigue. It’s also believed to stimulate memory.
  • The smell of lavender is calming, helping to relieve stress.
  • Peppermint is energizing, it’s good for concentration and ideation.

Choose A Plant You Like

At the end of the day, choosing a plant for your office desk comes down to your preference. Most of us spend at least 40 hours a week in the office, so it’s worth finding the little things that improve the experience. Choose a plant that will help take the grind out of your day.


The Professional Centre is a coworking office space in the heart of Toronto’s Financial District. Our shared spaces, private offices, and meeting rooms are all carefully designed to create a more comfortable, engaging workspace. All our locations have large windows and natural light, for a healthy, modern atmosphere.

Toronto is a Coworking City

While coworking is a worldwide phenomenon, some places are much bigger adopters than others. In recent years, Toronto has established itself as a coworking city. And now, the proof is in- according to a new study, Toronto is now the 3rd fastest growing city for coworking.

How Toronto Coworking Stacks Up Globally

Toronto is a fast adopter and is often a testing ground for new business practices and ideas. The city was quick to embrace coworking, even before it became an international trend. This was spurred on by the office space needs of Toronto’s thriving tech sector.

Now that coworking is a proven format that drives success and agility, it’s growth is expanding even faster. Today, Toronto’s coworking growth is outranked only by New York and London.

The growth rate is not steady across Canada. Vancouver is the only other Canadian city that even registers in the top 50 coworking markets. The popularity of shared office space centers largely around tech and business hubs with expensive or limited real estate.

Why Is Coworking So Big In Toronto?

While Toronto has the 3rd fastest coworking growth rate, Canada ranks 7th globally. So what is it that sets the city apart in this space?

Here are a few of the key factors that make coworking so attractive in the GTA:

Demand

In Toronto, coworking isn’t just good practice — it’s becoming a necessity. As one of the biggest business cities in North America, companies are looking for space. As a result, the demand for office space is outpacing availability.

This disparity between availability and demand is even greater in high-demand areas. Office space in Toronto’s Financial District, for instance, is notoriously difficult to obtain.

Currently, at 2.6%, Toronto has the lowest vacancy rate in North America. Despite a skyline filled with cranes, the city cannot build fast enough to match the demand with traditional offices.

Cost

With the low availability of office space, all the power is in the hands of building owners. They are able to charge a fortune on rents and can demand longterm lease agreements. On top of all this, the year-over-year costs continue to grow. As a result, rent becomes a significant factor in profitability.

With that in mind, it just makes sense to find a lower-cost solution. Shared office space means shared costs. This allows companies to find affordable office space in the most desirable locations.

Through coworking, businesses can get higher-quality offices in better locations at lower costs.

Need for Agility

Modern businesses need to be agile. But Toronto office rentals usually have 5 to 10-year leases. That doesn’t leave a lot of room for mobility. Even large companies may not have a clear business plan for that far in the future.

This makes these contracts impractical for companies that may have rapid growth or fluctuations. As a result, even enterprise companies are moving into Toronto coworking spaces.

Coworking offices offer short term or even month-to-month rental options. That allows companies to quickly increase or decrease their office space. In short, you can scale your space in real-time.

Toronto is a Major Test Market

Toronto is a great place to do business and an ideal place to test the waters. With the advantages of bringing a business to Toronto, if you can’t make it work here you’ll likely struggle in US markets.

Companies frequently take advantage of Toronto’s talent pool and tax advantages to test the market for new business ideas.

The agility of coworking makes it the ideal solution for these tests. The short-term rentals allow you to move quickly with minimal risk. And you can expand quickly, so you never miss out on an important opportunity.

Join a City of Fast-Adopters

For those who want to grow their business, it’s all about finding the right environment. Toronto is full of industry leaders, movers and shakers. They’re quick to jump on new ideas and double down on the practices that work. It’s a mindset that’s attractive to entrepreneurs and enterprises alike.

Book a tour today and discover how Toronto coworking fits your business.

How To Find Meeting Rooms On Demand

Scheduling meetings can be tough when meetings don’t happen according to schedule. Last-minute changes and new opportunities don’t always leave you with a lot of options. Even if your office has meeting rooms, they can fill up fast and last minute schedules can create conflict. 

So how can you find a meeting room on demand?

Option 1: Coffee Shops

Coffee shops are all over the place. The friendly atmosphere, promise of wifi, and ready availability made them a popular last-minute meeting spot.

Coffee shop meetings were in-vogue about a decade ago. Low-budget, and accessible, they remain a great place to catch up with a friend. But it’s not the best place to conduct a professional business meeting. 

While there is definitely some convenience and savings here, the cons outweigh the pros.

Pros:

  • Readily Available – In cities like Toronto, there’s a coffee shop on every corner.
  • Easy Access – Coffee shops offer long hours and street-level access. Since they are all over the place, you can pick a spot that everyone can access.

Cons:

  • Noisy – Coffee shops are loud. You can hear everyone, and everyone can hear you. That makes it a poor choice for discussing sensitive information. It’s also a distracting environment. It’s hard to focus on the topic at hand when it’s continually interrupted by people placing their orders.
  • No Guaranteed Space – There are no reservations at a coffee shop. There’s a reason that coffee shops keep popping up — they keep filling up. Depending on the location and time of day, you may have trouble finding a spot to sit.
  • Unprofessional – They aren’t laying out the red carpet at Tim Horton’s, no matter how many Timbits you buy. Meeting at a coffee shop is always going to feel more casual than professional. There’s certainly a place for these informal settings, but using them at the wrong time makes you look unprofessional.

 

Option 2: Hotels

Hotels have a long history of hosting meetings. Most 3+ star hotels have several meeting rooms available. These can serve a number of functions from out-of-town meetings to full-blown conferences.

Generally, hotel meeting rooms are geared towards large meetings. They want to use them to generate extra cash in the form of bedroom rentals, or food and beverage minimums. The rates are on the higher end up until you get a big enough group together.

These meeting rooms are typically geared towards groups of 50+ people. The larger your group, the more sense a hotel makes.

Pros:

  • Reservable – Unlike a coffee shop, you can reserve spots in a hotel. Bookings are available months in advance.
  • Can Host Large Groups – If you’re with a large group, especially if that group is staying at the hotel that night, hotel meeting rooms start to make a lot of sense. They have a lot of space, and the cost per person is lower the more people there are. Big corporations who are out of town for a convention will often opt for these locations.

Cons

  • Limited Sizes – If you’re hosting a group of 40 or less, you may be out of luck. The room sizes are a little too large to be comfortable and the per-person cost is a little too high. In some instances, they may not even rent a room to too small of a group, since they can make more money on catering with a large group.
  • Outdated – Booking a meeting at a hotel is even more outdated than a coffee shop. But it’s not just that it’s off-trend. Most of their rooms are out of date both aesthetically and technologically. They simply do not meet the needs of a modern business meeting.
  • Availability – Hotels and event centres may not have last-minute availability. These bookings often happen far in advance, so they are not always an option for on-demand meeting rentals.

 

Option 3: Coworking Space Meeting Room Rentals

Coworking spaces are the modern way of doing business. They’re also the new source for on-demand meeting room rentals. Top tier coworking offices offer a number of high-quality meeting room rentals.

These rooms offer the most convenience to companies working in the space. However, any company can benefit from renting meeting venues. With ready availability in the heart of the city, you can find meeting rooms on-demand that are available near you.

Convenient, versatile, and technologically up-to-date. Shared office meeting room rentals are the best option for small to medium-sized meetings.

Advantages:

  • Professional – With professional design and high-quality equipment, these meeting rooms offer a professional image. 
  • Versatility – Coworking meeting rooms allow you to fit your room according to the size of your meeting. A range of different rooms can accommodate 2 to 40 people. 
  • On-Demand Reservations – These rooms offer reservations to guarantee your spot. But you don’t need to book months in advance. Rooms are available when you need them most.
  • Technology – Coworking office meeting room rentals are equipped with all the tech a modern meeting demands. Conference calling, webcams, screens and more.

 

Book A Toronto Meeting Room Rental On-Demand

The Professional Centre is a coworking office in Toronto’s Financial District. We host a variety of professionally designed, high-quality meeting rooms that are suitable for any business. Our rooms are available per hour or per day.

Select your room and book a meeting today!

5 Tips for Staying Productive in a Shared Office Space

Shared office spaces have grown from a trend to changing the way companies do business. It increases collaboration and is a great source of creative ideation. But when it comes time for individual work, how do you optimize performance and reduce distractions?

Today, we’re giving out simple tips for staying productive in a shared office space.

#5.  Ergonomic Office Furnishings

In too many of Toronto’s shared office spaces, getting in late means getting stuck with the squeaky chair. You miss the update about the latest DVP closure and now you’re stuck in a day of discomfort and annoyance. It’s hard to focus and can affect your productivity.

In a truly productive shared office, the bad chair shouldn’t even be an issue. Ergonomic furniture and furnishings have a direct impact on productivity. They keep your employees comfortable, allowing them to focus on the task at hand. 

As well, they help to preserve their long-term health. They make it easier to maintain posture and keep away those nagging aches and pains.

While the best-shared office spaces in Toronto provide ergonomic furniture, there is still more employers can do. For instance, providing ergonomic mouse and keyboard pads can help prevent wrist pain. As well, making sure to set up computer screens properly can greatly reduce neck pain.

Minimizing discomfort and pain allows you to maintain focus.

#4. Alternate Workspaces

Coworking spaces are fantastic hubs for collaboration and teamwork. But sometimes, having all those people around can be distracting.

It is important to have access to alternate workspaces. Whether moving away from distractions for solo projects or simply changing up the scenery, it’s nice to have a secondary workspace.

An increasingly common solution is to allow employees to work from home. Flex options like having a couple of days a week as, “work from home” days are a great option. And they’re a nice incentive for new hires. 

To get the most out remote working, check out our tips on upgrading a home office for productivity.

Of course, you don’t want to have to head home every time you want a little privacy in the office. Most shared office spaces offer lounge areas. The spaces provide a comfortable workspace away from other distractions.

If you want even more privacy, you may want to consider the benefits of a private office. Private offices in coworking spaces let you benefit from the collaborative atmosphere while reducing potential distractions.

#3. Wellness Areas

Modern employers understand the benefits of hacking employee happiness. And those benefits are just as important whether you’re a solo freelancer or running a business. As such, there’s a growing demand for increasing wellness in the workplace.

Giving your employees a space to destress is good for their health and happiness, and ultimately, their productivity. It’s why The Professional Centre includes a wellness room in our premium amenities. 

Shared office wellness rooms help you refresh and reset your mind throughout the day. It’s a great way to get past that midafternoon daze. Refocus, reenergize, and reignite your mind.

#2. Declutter

Clutter is an underrated source of stress in the office place. It’s easy to let things pile up or fall into disarray. A disorganized workspace isn’t just a challenge to keep organized, it’s also a major source of mental strain. There’s a reason the minimalist lifestyle trend took off so fast.

According to Dr. Susan K. Whitborne, clutter can cause:

  • Low subjective well-being – making it hard to feel pride in your workplace
  • Unhealthy eating 
  • Poor mental health
  • Inefficient visual processing – the excess stimuli makes it hard to focus on what matters
  • Inefficient thinking

The mental impact of clutter has a direct impact on the productivity of your workplace. Some good tips for reducing clutter include proper file use, minimizing knickknacks, and choosing an office space with daily cleaners.

As well, it’s worth regularly scheduling some time to reorganize your desk. Throw out the things you don’t need anymore, and find more efficient places for growing stacks of items. Even cleaning up the folders on your computer’s desktop screen can be cathartic (and may help it run faster).

1. Lighting

A well-lit shared office makes a big difference in your work. Good office lighting goes well beyond letting you see what you’re doing. Big windows, with natural light coming through, helps to energize your mind. It helps you stay more alert, focused and creative.

When renting coworking space in Toronto, it’s worth looking at their lighting situation. Today’s workforce is looking away from flickering fluorescents. Their sights are set on the brighter, high-efficiency bulbs and as much natural light as possible.

Natural light releases endorphins, making for a more pleasant workday. As well, natural lighting improves:

  • Sleep Quality
  • Quality of Life
  • Workplace Activity

Poor lighting, on the other hand, has a negative, destimulating effect. It can reduce the quality of work, attentiveness, and cause eyestrain.

Proper lighting in your shared office makes for better work and a better office experience.

 

Find A Productive Shared Office Space in Toronto

The Professional Centre is dedicated to creating the best possible work environment. Our Toronto shared offices are found in the heart of the Financial District. We have premium amenities, ergonomics, and lighting in our coworking offices.

 

Book a private tour today and discover how TPC does coworking differently.

Three New Toronto Patios You Need to Try

Irrefutable Fact: Canadians love their summers! Undisputed Probability: Nowhere in the country is the season celebrated more passionately than it is in Toronto. Even while tending to business, the city serves as Canada’s leading hub for business, technology, medicine and the arts. Torontonians view the lazy days of summer as a non-negotiable mandate to get outside and make the most of the sizzling glory that is summer in the city.

And even now that July has faded into the rearview, a solid argument can be made that the best is yet to come! Dazzling August and brilliant September days, not to mention balmy nights, are ideal for kicking back and enjoying the respite that is time spent on one of Toronto’s flourishing outdoor patios. Be it extending a lunch-break or making an oh-so-pleasant night of it, busy Torontonians can be spotted living their best summertime life on the city’s lively patios! Here’s a trio of new(ish) outdoor patios, conveniently located in the heart of the city.

Assembly Chef’s Hall – Courtyard Patio

Assembly Chef’s Hall is a rambling food hall where a dozen and a half chefs hawk their incredible offerings. Also home to a new enormous outdoor patio with its own bar which, if the consistent crowds are any indicator, is a perfect spot to gather to pay homage to a summer afternoon or evening. Located right in the heart of the city and home to a smorgasbord of delectable gastronomic offerings, you’ll be impressed at how the Assembly Chef’s Hall’s massive courtyard patio effortlessly manages to strike just the right balance between a high-energy downtown haven and secluded getaway. With the multiple strands of hanging lights lending the nighttime stars a hand, join the multitudes relaxing in the soft glow while savouring tasty summer bites, live music and the impressive bar.

General hours (Patio Hours may vary) :
Monday to Wednesday | 7 am to 10 pm
Thursday to Friday | 7 am to 10 pm
Saturday | 10 am to 10 pm
Sunday | Coming soon!

Where:
111 Richmond St. W – Richmond-Adelaide Centre

Kelly’s Landing

Seamlessly blending the indoors with the outside, it doesn’t get much more summer-in-the-city than this bumping sidewalk patio overlooking busy Front Street! The roof retracts and the massive doors roll completely open so patrons can chill while watching the world go by at this Financial District favourite. Perched atop brilliant red metal high chairs, you can enjoy the boozy summer cocktails and the beats — there’s usually a DJ spinning from Wednesday to Saturday — while soaking up the sunshine or partying under the starry night sky. Sample time-honoured, flavourful dishes or get your summer on with a number of fresh new offerings.

Hours:
Sunday: 11 am to 12 am
Monday to Thursday: 11 am to 1 am
Friday to Saturday: 11 am to 2 am

Where:
123 Front St. W

The Gaarden

The Gaarden, Toronto’s newest rooftop patio brought to you by Ink Entertainment, is a welcome addition to the city’s thriving outdoor dining scene. This lush and green garden-themed space is proving to be one of the hottest spots of summer 2019. Make a new friend while seated at the communal high tops set among the verdant greenery. Soak up some Vitamin D while savouring impressive cityscape views. The Gaarden brings a whole new vibe to the already edgy Queen Street West. Finish up a day of shopping the funky neighbourhood with a Frosé at the 20 seater bar…or turn up the heat after a day working the phones over jalapeno margaritas in a private booth. Whatever your summertime pleasure, the city’s newest patio hideout has got you covered.

Hours:
Tuesday to Friday | 4 pm to late
Saturday | 1 pm to late

Where:
314 Queen St W

Toronto offers all manner of extraordinary opportunities to get outside and bask in the wonder that is this big Canadian city in the summer. Scattered throughout its interesting and diverse neighbourhoods, any of its many eclectic patios can serve as just the spot to revel in an authentic urban summertime immersion before or after an outing. And since most patios stay open for as long as the weather holds, a Toronto patio is a great way to squeeze the very last drop of summer magic from this coveted season.

 


Locating a business in Toronto? Need a private or coworking office, or virtual office for your business? 

You can discover an exceptional coworking office experience at The Professional Centre (TPC), the Toronto coworking space where more is standard. If you’d like more information, call The Professional Centre today at 416-367-1055 or contact us.

 

14 Surprising Statistics on Generation Z

Generation Z kids on mobile devices

Move Over Millennials, the New Kids on the Block Have Arrived

While a lot of energy in recent years has been expended on understanding the talents and preferences of millennials, the time is such that we need to thoughtfully consider an entirely new generation.

Born after 1996 into an internet-connected world and raised to navigate that sphere with ease, these young digital natives now entering the workforce have an entirely unique set of goals and expectations.

Although still often referred to as “post-millennials” or “the next generation after millennials”, it’s a mistake to think of this new generation as merely an addendum to their predecessors. In fact, they are quite different! Forging a path that is quickly diverging from millennials, coupled with the changes they’ll usher in, this new generation is earning its own name.

Introducing Generation Z

Until recently, this new cohort was known by several names — iGen, NextGen, Post-Millenials, Gen Tech, Gen Wii, Net Gen, Internet Generation, Homeland Generation and Generation Z. Recently however, Generation Z is shaping up to be the clear winner with Gen Z, a shorter, arguably easier take, is trailing closely behind.

As the volume of research on Gen Z’ers grows with each passing year, there have been some surprising revelations about their thought processes and motivations. This research may also help shed light on what this influential group may prioritize in the coming decades.

By 2020, Gen Z could represent 20% of the workforce which makes them the largest cohort set to take over. As such, Gen Z’ers will drive much of the change that will shape the next 100 years. So what do we need to know about Generation Z to prepare for these changes in the workplace?

“…the changes and trends we’re seeing (from new generations) are actually rippling up instead of down.” – Jason Dorsey

Generation Z and The Human Connection Paradox

Although completely immersed in technology, early studies show that Gen Z prefers more, not less, human interaction in the workplace.

43% of Gen Z’ers prefer in-person communication with leadership and team members. (Less than half of millennials need the same amount).

Two-thirds say they need feedback from their supervisor at least every few weeks in order to stay at their job.

One in five prefer feedback daily or several times each day which allows them to consistently deliver the most value.

Sources


Contrary to societal assumptions, Gen Z feels that frequent face-to-face interaction with team members and supervisors is important for optimum job performance and satisfaction. However, for Gen Z, not all feedback is created equal.

As a generation that’s immersed in YouTube and skills-sharing online, Gen Z prefers mentoring or coaching (versus managing) as this method feels more engaging and mirrors how they have consumed information and guidance since they were old enough to work a smartphone.

 

Generation Z and The Financial Security Paradox

Members of Gen Z were still children during the Great Recession. They observed their parents and their communities suffer financial setbacks and weather economic uncertainties for an extended period of time. Experts believe that this is why Gen Z’ers prioritize security, benefits and economic stability.

“This is a pragmatic generation — they care about making a difference, but are ultimately motivated by ensuring they have a secure life outside of work.” – Forbes

 

Overall, Gen Z’ers are smarter with money than millennials. In fact, 12% are already saving for retirement and a significant 21% had a savings account before the age of ten.

77% of Gen Z’ers currently earn their own spending money through freelance work, a part-time job, or an earned allowance. This bodes well for Gen Z’s future self-reliance and long-term contribution to the economy, as well as for employers.

And yet despite their penchant for security, new data reveals Gen Z is the most freelancing-inclined cohort yet. Gen Z is foregoing traditional, corporate roles and freelancing by choice more than any other generation.

46% of adult working Gen Z’ers freelanced last year. (This generation is more likely than any other to choose freelancing proactively).

73% saying they originally started by choice rather than necessity. (Versus 66% of baby boomers and 62% of millennials).

Sources


“As Gen Z enters the workforce, they’re increasingly choosing non-traditional ways of working that are better suited to their desired lifestyle than a traditional 9-to-5 job… More than any other generation, members of Gen Z are seeking work they’re passionate about that also affords them freedom and flexibility. It’s important that companies adjust their hiring strategies in order to work with the best young talent, which accounts for more people than Gen X and baby boomers and will be the majority of the workforce within the next five years.” – Stephane Kasriel, Upwork CEO

The latest generation to enter the workforce, Gen Z is focused on finding meaning in their chosen careers. As such, they are more likely to be motivated by job satisfaction and working for social good than by money.

This parameter, coupled with the fact that they’re simply better at managing their pocketbooks than their immediate predecessors, is setting them up to become a profoundly influential generation when it comes to the world of work. Gen Z’ers will forge their own work path using their technical know-how to enable them to work wherever they want. However, they will be pragmatic, with security as a guiding force behind their career and life decisions.

Generation Z and The Technology Paradox

Technology’s influence — in particular how people communicate and interact — is a major generation-shaping factor. Being the first cohort of pure digital natives, technology is where Gen Z differs the most from other generations, including millennials. Millennials have certainly adapted to things that have come online but for Gen Z, technology is just part of their ecosystem.

Going forward, these young digital natives simply assume that technology will play a central role in their careers and life.

80% of Gen Z’ers aspire to work with cutting-edge technology.

91% say technology would influence job choice among similar employment offers.

80% believe technology and automation will create a more equitable work environment.

Sources


“Technology is less intentional and more intuitive for this generation, and their social skills are morphing into a hybrid of technology and face-to-face contact.” – John Richardson, University of Ottawa

Gen Z’ers familiarity with technology and how they experience the world through its use is unique to them. Technology is more about communication than convenience. It’s an extension of themselves and therefore (ironically) more personal.

95% of Gen Z’ers have a smartphone.

55% are on their phones 5+ hours a day.

26% are on their phones 10+ hours a day.

65% use their phones after midnight a few times a week.

29% use their phones after midnight every night.

Sources


Generation Z’ers have always had the internet at their fingertips. If they encounter a problem or something they don’t know the answer to, they seek out the website or technology that can help. They are adaptive and responsive to new apps and tools that can be roadblocks for older generations. Giving people who are used to finding workarounds to problems in their personal lives the space and encouragement to replicate that in the workplace will result in a team that’s intuitive, solutions-driven and independent. However, if they’re being micro-managed, that won’t happen, and they’re more likely to depend on and defer to managers to steer them.

The Generation Z and The Best of Both Worlds

This generation is on the rise and with it comes a host of changes and contradictions. What we know for certain is that Gen Z will lead the way in the digital-first economy for no other reason than the obvious. They are the first cohort of pure digital natives. They have a unique relationship with technology and that will surely impact the future of work and society as a whole.

However, this is also a generation that desires face-to-face human interaction and mentoring, leaving the door wide open for a cross-generational exchange of ideas and inter-disciplinary cooperation. Employers and service providers can accommodate this by providing collaborative work environments and an inspiring culture. For remote teams and freelancers, tools like AR, VR, Skype and flexible or coworking work environments can help workers connect and collaborate on an on-going basis.


Locating a business in Toronto? Need a private or coworking office, or virtual office for your business? 

You can discover an exceptional coworking office experience at The Professional Centre (TPC), the Toronto coworking space where more is standard. If you’d like more information, call The Professional Centre today at 416-367-1055 or contact us.

 

Business in Toronto: A City That Works!

Are you thinking of locating a business in Toronto? Consider a few of the many reasons Toronto is seen as an innovative and engaging place to live and work…

Toronto is Ranked Among the Very Best

What makes a city great? Likely there are as many answers to that question as there are cities…so good to know Toronto is ranked among the very best of the world’s urban centres. It’s actually routinely cited as one of the most livable cities in the world. In fact, the highly regarded Economist’s Intelligence Unit’s 2018 Global Livability Report — which assesses cities on 30 qualitative and quantitative factors across five broad categories: stability, healthcare, culture and environment, education, and infrastructure — placed Toronto (tied with Tokyo) as the seventh most livable city on Earth.


Toronto ranks #7 in the world for livability

The Global Liveability score: 100 = Ideal

97.2

Overall Rating

100

Stability

100

Healthcare

100

Education

 

97.2

Culture & Environment

 

89.3

Infrastructure


While not without the stresses and strains that accompany big city life, in that same report Toronto nonetheless notched an impressive overall grade of 97.2 out of 100. Further, it scored a perfect 100 in the categories of stability, healthcare and education. But while these measures certainly offer an objective baseline against which to compare other urban centres, other less-tangible factors can elevate a city and get people buzzing…

Toronto is Diverse

With almost half of its population hailing from outside of Canada, Toronto serves as inclusive home to over 200 ethnic groups speaking in excess of 180 languages. As such, Toronto is regarded as the most ethnically diverse large city in North America and considered the most multicultural city in the world.

Toronto Raptor’s 2019 NBA Championship victory parade in the streets of Toronto. Photo by Joshua Chua, Unsplash.

The city’s genuine embrace of diversity was recently on full display when millions of enthusiastic fans flooded downtown Toronto for the Toronto Raptors 2019 NBA Championship victory parade. As Canada’s national newspaper, The Globe & Mail reported, “Every background, every language, every country was represented on those packed streets – and no one gave it a second thought.”

As the Raptor’s parade so effectively illustrated, Toronto’s multiculturalism is deeply woven into the city’s fibre. It’s fair to say it shapes the collective experience of the city having spurred the development of incredible neighbourhoods, inspired numerous ethnic festivals showcasing different cultural traditions and even enhanced the city’s dining scene to the degree that Vogue Magazine stated it’s a must-visit destination for foodies.

Toronto is Thriving

Along with its reputation as one of the most cosmopolitan cities in the world, Toronto has long been acknowledged as an international centre of business, finance, arts, and culture. In tribute to the city’s forward-moving momentum, a report from analysts at U.S.-based Expert Market named Toronto among the top ten tech hubs in which to live and work. With a nod to the many incubators in town, Toronto is actually Canada’s no. 1 start-up hub with approximately 3,000 tech ventures. These operate alongside a number of Canada’s very own tech heavy hitters including Shopify, Hootsuite and Kik which all have a strong presence in the city.

It’s not surprising to find the city serving as home-base for an industry that demands an educated, skilled workforce. Canadians are typically better educated than they were a decade ago and have some of the highest rates of post-secondary attendance in the developed world. These findings were released in a recent report Education Indicators in Canada, from the Council of Education Ministers, which analyzed a wide-ranging collection of data and included comparisons between Canadian numbers and those of 30 other countries in the Organization for Economic Co-operation and Development. With the city’s ability to provide ready access to an eminently qualified workforce, North America’s fourth largest city has an incredible future as one of the world’s preeminent tech cities.

Toronto is Livable

Toronto is Canada’s biggest city and living and working in the country’s most populous centre does have its advantages. Looking beyond its celebrated multiculturalism and high-skilled workforce, Toronto boasts a great public transportation system, a thriving cultural scene that includes incredible museums, inspiring galleries, a world-class performing-arts scene along with a huge inventory of restaurants, clubs, cultural spaces, bars, breweries, bookstores and coffee shops that are hopping day and night!

As well, The Economist Intelligence Unit (EIU) 2017 Safe Cities Index saw Toronto ranked at 4th out of 60 cities. The study scrutinized four categories including digital security, health security, infrastructure safety and personal safety. Beyond its overall position, Toronto ranked high in Personal Security and Digital Security, ranking #5 and #6 respectively.

Also pretty validating, according to the Nestpick’s 2018 Millennial Cities Ranking, Toronto ranks 5th of 110 cities for the best location for millennials to live and work. Toronto scored big marks in diverse categories such as the success of local start-ups, the food scene, attitudes toward immigration, personal freedom, and LGBT friendliness.

All in all, Toronto is an incredible environment offering a high-quality of life. With excellent employment opportunities, wonderful leisure and recreational options, a thriving cultural scene and public spaces that are accessible, safe and well-used, it’s a city that works!


Locating a business in Toronto? Need a private or coworking office, or virtual office for your business? 

You can discover an exceptional coworking office experience at The Professional Centre (TPC), the Toronto coworking space where more is standard. If you’d like more information, call The Professional Centre today at 416-367-1055 or contact us.