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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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China Urges Dialogue Over Trump's Tariff, Avoids Immediate Escalation


Beijing has sharply denounced the Trump administration’s imposition of a 10% tariff on Chinese imports, calling the measure a breach of international trade rules that undermines the global economic order. While the Chinese finance and commerce ministries confirmed plans to challenge the tariff at the World Trade Organization and hinted at taking "countermeasures" to protect national interests, they stopped short of launching an immediate retaliatory strike.

In its measured response, China's foreign ministry underscored that the issue of fentanyl—the potent opioid cited by Washington as justification for the tariff—is fundamentally an American problem. Officials stressed that extensive cooperation in anti-narcotics efforts has already been in place between the two nations, implying that the tariff would not spur a hasty escalation. Instead, Beijing expressed a willingness to engage in frank dialogue with U.S. counterparts in hopes of resolving the dispute through negotiations rather than further confrontation.


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