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The last time the capital region witnessed an exodus from its office towers this sudden, the federal government filled the empty spaces. Life went on as before. Whatever the state of the economy that emerges from the pandemic, it won’t be the same this time around. The catalyst in 2001 was a telecom crash that brought Nortel Networks and fibre-optics star JDSU to their knees and pushed dozens of high-tech startups into oblivion. This high-tech cataclysm released millions of square feet of nearly pristine office space into the market.
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