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Rising office rents putting squeeze on non-profits
The cost of renting office space in downtown Vancouver has gone up nearly 13 per cent compared with last year, and increased more than 31 per cent in the past two years, according to a new report from real estate brokerage firm CBRE.
While that steep increase will put pressure on any business that wants to operate in the downtown core, it's especially challenging for non-profit organizations, which, because they rely on donors and sponsors, face constant pressure to keep overheads down.
Read more about this story: https://www.cbc.ca/1.5177047