For the fifth consecutive year, Canada's financial capital is home to the most expensive rents for offices. The average cost of renting on Toronto's Bay Street is $68.19 per square foot, a slight decrease from last year, but still enough to top the ranking from real estate firm JLL Canada. (Each city's most expensive street is used in the ranking.) Calgary's 8th Avenue SW slipped three spots down the list as Albertan energy firms struggle with ongoing weakness in oil prices.
Editor's note: The ranking includes each city's priciest street for renting office space, rather than all streets. This story has been updated to include a clarification.