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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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Trump Announces Tariffs on Canada and Mexico, Decision on Oil Pending

 

President Donald Trump has announced that the United States will impose 25% tariffs on imports from Canada and Mexico starting this Saturday. This decision has already caused significant fluctuations in the foreign exchange markets, with both the Canadian dollar and the Mexican peso experiencing notable declines.

Trump's decision to impose these tariffs is driven by multiple factors, including the influx of migrants at the southern border, the flow of fentanyl into the United States, and the trade deficit with these neighboring countries. The President has also indicated that he is still considering whether to include oil imports from Canada and Mexico in these tariffs, with a decision expected soon.

The potential inclusion of oil in the tariffs has raised concerns about the impact on energy prices and the broader economy. The United States imports significant quantities of oil from both Canada and Mexico, and tariffs could lead to higher gasoline prices for American consumers. Despite these concerns, Trump has expressed confidence that the U.S. can meet its own energy needs without relying on imports.

The announcement has prompted reactions from various stakeholders, with some experts warning that the tariffs could lead to increased prices for American consumers and potential economic repercussions for Canada and Mexico. The situation remains fluid, with further developments expected in the coming days.



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