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Canada's Rent Slide Is Finally Stalling — What It Means If You Rent or Rent Out

  Published August 13, 2026 For nearly two years, "Canadian rents are falling" has been one of the safest headlines in personal finance. The August 2026 National Rent Report from Rentals.ca and Urbanation, released last week, suggests that streak may finally be running out of road — and the shift matters whether you're the one paying rent or the one collecting it. The Numbers National avg. asking rent (July) $2,037 Year-over-year change -4.0% (22nd straight monthly decline) Month-over-month change +0.2% (4th straight monthly rise) Toronto, month-over-month +1.6% to $2,577 Falling, But Not as Fast Rent is still dropping on a year-over-year basis nationally — that's now been true for 22 straight months. But the pace of the decline has been easing since it bottomed out in March, and July marked the smallest annual drop since February. On a month-to-month basis, rent has now risen for four months running, which typically happens every summer as the market hits its season...
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House Approves $95 Billion Foreign Aid Package for Ukraine and Israel

 

In a significant move, the U.S. House of Representatives has approved a $95 billion package of foreign aid aimed at supporting Ukraine, Israel, and other American allies. The decision comes after months of political turmoil on Capitol Hill, during which congressional leaders worked to overcome opposition from hard-right conservatives.

Aid for Ukraine

The package includes crucial assistance for Ukraine, a country facing ongoing conflict with Russia. The aid is intended to bolster Ukraine’s defense capabilities, enhance security, and promote stability in the region. As tensions persist in Eastern Europe, this allocation underscores the United States’ commitment to supporting its allies.

Support for Israel

Israel, another key ally, will also benefit from the approved aid package. The funds will contribute to Israel’s security needs, strengthen military cooperation, and reinforce diplomatic ties. Given the complex geopolitical landscape in the Middle East, this assistance is vital for maintaining stability and peace in the region.

Bipartisan Efforts

Despite political divisions, congressional leaders managed to push aside opposition and secure the necessary votes to pass the bill. The package will now proceed to the Senate for further consideration. Bipartisan cooperation played a crucial role in ensuring that the aid reaches its intended recipients promptly.

In a statement, House Speaker Mike Johnson emphasized that “the House has worked its will.” The approval of this aid package reflects the commitment of the U.S. government to stand by its allies during challenging times.

As the Senate takes up the legislation, the international community watches closely, recognizing the importance of these funds in promoting global security and stability.

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