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Malls face catastrophic hit in Canada with unpaid rent surging

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Canada's malls are facing a wave of skipped rents and could see vacancy rates triple by year-end, with the coronavirus poised to leave its scars on a fragile retail sector long after the pandemic ends.

[TORONTO] Canada's malls are facing a wave of skipped rents and could see vacancy rates triple by year-end, with the coronavirus poised to leave its scars on a fragile retail sector long after the pandemic ends.

In the country's enclosed regional malls -- a category that includes Toronto'...

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