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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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UN Halts Aid Shipments Through Gaza’s Main Crossing Over Safety Concerns

 

The United Nations Relief and Works Agency (UNRWA) has announced the suspension of aid deliveries through the Kerem Shalom crossing, Gaza's primary cargo route, citing severe safety concerns. Philippe Lazzarini, the head of UNRWA, stated that the decision was made due to the threat posed by armed gangs who have looted recent aid convoys.

The suspension comes amid a deepening humanitarian crisis in Gaza, exacerbated by the cold, rainy winter and the ongoing conflict. Experts have already warned of potential famine in the northern parts of Gaza, which have been almost completely isolated by Israeli forces since early October.

Lazzarini pointed out that the route leading to Kerem Shalom has become too dangerous, with nearly 100 trucks being looted in mid-November and another smaller shipment stolen just recently. He also criticized Israeli policies, claiming they have contributed significantly to the breakdown of law and order in Gaza.

The suspension of aid shipments is expected to worsen the already dire situation in Gaza, where hundreds of thousands of Palestinians are living in squalid tent camps and relying heavily on international food aid.



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