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CMHC Just Cut Its Housing Forecast — What It Means If You're Buying, Selling, or Renewing

  Published July 28, 2026 Canada Mortgage and Housing Corporation quietly downgraded its outlook for the rest of 2026 last week, and the new numbers are worth a look no matter which side of the housing market you're standing on. The federal housing agency's Summer 2026 update now calls for slower growth, softer home prices, fewer new builds and continued easing in rental markets right through the end of the year — with a split that leaves Ontario and B.C. looking a lot different from the Prairies and Quebec. Here's what's actually in the update, and what it means for your specific situation. What CMHC changed The agency's baseline call for 2026 is a Canadian economy growing at just 0.7%, with high borrowing costs, weak population growth and cautious buyers keeping a lid on demand even as affordability has technically improved. The practical result, nationally: Housing starts are expected to fall to about 241,400 units this year, down from 259,028 in 2025 Resale acti...
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McDonald’s System Outages Reported Worldwide

 


McDonald’s, the global fast-food giant, faced widespread system outages on Friday, causing disruptions at many of its outlets across the world. The technical glitches led to temporary closures of some restaurants and prompted a flurry of complaints on social media platforms.

Reports of system outages spanned multiple countries, affecting operations in Japan, Thailand, and other regions. The company attributed the disruptions to a “technology outage.”  McDonald’s assured customers that they were actively working to fix the issues.

The chain clarified that the problems were unrelated to any cybersecurity incidents. Customers faced inconvenience due to restaurant closures and service interruptions. Social media platforms buzzed with complaints from patrons who encountered difficulties during their visits.

McDonald’s expressed regret for the inconvenience caused and assured customers that they were diligently addressing the technical hiccups.  The company’s teams worldwide were collaborating to restore normal operations swiftly.

While the system outages disrupted McDonald’s usual operations, the chain remains committed to resolving the issues promptly. As they work behind the scenes to fix the technology glitches, customers can expect a smoother experience in the near future.

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