Downtown or the suburbs? Weighing the options as office markets recover

Tangerine Bank felt the suburban location of its Toronto headquarters at Steeles Avenue East near Highway 404 might be affecting its ability to bring staff back to the office after the pandemic and stay on top of the curve in the digital banking market.

“In speaking with employees, we regularly heard that people who live downtown wanted an opportunity to work downtown,” says Natalie Jones, chief marketing officer of Tangerine Bank. Employees also wanted more options to commute by transit rather than having to drive.