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Is Now a Good Time to Rent vs. Buy in Canada?

After years of brutal rent hikes that left many Canadians feeling priced out of their own cities, something has quietly shifted: rents are finally falling. But does that mean you should lock in a lease and wait out the housing market — or is this actually the window you've been waiting for to buy? The answer, as always, depends on your city, your finances, and your plans. Here's a clear-eyed breakdown of where things stand in 2026. What's Happening With Rents Right Now The Canadian rental market has undergone a dramatic reversal. After vacancy rates hit record lows in 2023 and rents surged by as much as 8% nationally in a single year, the tide has turned. According to the Canada Mortgage and Housing Corporation (CMHC), the national vacancy rate for purpose-built rental apartments rose to 3.1% in October 2025 — up from 2.2% in 2024 and a record low of just 1.5% in 2023. That 3.1% figure now sits above the 10-year historical average , marking a meaningful shift in the bal...

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Biden's Debate Performance: A Missed Opportunity

 

Joe Biden’s debate performance has been a topic of concern for Democrats. During the recent debate, he stumbled and struggled to defend his record. 

His hoarse voice and incorrect statements raised alarm bells among his supporters.  Some even called for an open convention, questioning whether he’s the right candidate to face Donald Trump in the upcoming election. 

While Biden did recover somewhat during the debate, the initial impression left Democrats worried about his ability to lead the party forward. It’s a critical moment as voters tune in, and first impressions matter. Let’s see how this unfolds in the coming months. 

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