Premier Doug Ford's Ontario

[Jonny5]

Population decline might be considered a negative. Though how much of that is real given erroneous counts is a material question:

Source: https://www.nyc.gov/assets/planning...es/population-trends-2023-Jun2024-release.pdf

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When looking at unemployment, and near-term City finances (current year and fiscal '25) the numbers are reasonably positive. Though there are some issues beyond that, they don't appear severe:

https://comptroller.nyc.gov/reports/annual-state-of-the-citys-economy-and-finances-2024/

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On NYC's office space vacancy rate (better than ours, but comparable in many ways, relatively low in class A prime, but higher in less quality space and locations)

https://comptroller.nyc.gov/reports/spotlight-new-york-citys-office-market/

I work here in Toronto for a bank based in Chicago in the investment side of the business and I deal regularly with a lot of people from other firms based in New York as a part of my work.
The number of times I've heard from one of my regular contacts about being offered relocation of their job out of New York and accepting it has been staggering.

A notable one I heard from a contact at a very large and well known US brokerage was that they opened a new office space in Nashville and offered to move up to 300 employees there from New York (amount of expenses covered was by position, but everyone would get something if they agreed to move). She said they had around 1,000 applications to move and so they expanded the office space to 600 employees, she was one of the chosen and got paid moving cost bonus--something like $5,000--plus group rate on company hired movers. That firm apparently isn't the only one, Nashville has cropped up as a very popular new alt-centre for the financial industry. Atlanta too. Interestingly those cities are also seeing sky rocketing real estate prices in the suburbs.