Downtown records net zero business loss
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Downtown Winnipeg counted the same number of business openings as closures this spring.
It’s the first time in at least five years the Downtown Winnipeg BIZ hasn’t tracked a second quarter net loss.
Three businesses opened in the city’s core, while three closed, according to a recent BIZ report. Last year, six more businesses closed than opened during the second quarter.
Securian Canada, The Grumpy Chicken and Haydar Pasha Pizza opened this April through June.
Downtown Winnipeg also saw an equal number of businesses opening and closing in 2026’s first quarter — a first in five years.
The Downtown Winnipeg BIZ, in its report, called the numbers “positive momentum after several years of net losses.”
Winnipeg’s downtown office vacancy rate was slightly below the national average — 17.5 per cent, compared to 17.8 per cent across Canada. Still, its second-quarter visitation was down 23 per cent compared to the year prior. The BIZ cites a lack of Winnipeg Jets playoff games and related events.
— staff
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