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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's 'Long Live the King' Post Draws Widespread Criticism

 

Former President Donald Trump's recent social media post declaring "Long Live the King" has ignited a firestorm of controversy and backlash. The post, which was shared on Trump's Truth Social account, celebrated the administration's decision to end congestion pricing tolls in New York City. The official White House social media accounts further amplified the message by sharing an image of Trump wearing a crown, accompanied by the same proclamation.

Critics from across the political spectrum have condemned the post as "embarrassing and disrespectful to our country". Many have expressed concern over the implications of a president referring to himself as a king, with some drawing comparisons to how right-wing media might have reacted if former presidents Barack Obama or Joe Biden had made a similar statement. The backlash has been particularly intense on social media platforms, where users have voiced their disapproval and questioned the appropriateness of the post.

Supporters of Trump, however, have defended the post, arguing that it is merely a form of trolling and should not be taken seriously. They have dismissed the criticism as an overreaction and have praised Trump for his ability to provoke strong reactions from his opponents.

The controversy comes at a time when Trump continues to embrace monarchical imagery, further fueling debates about his leadership style and the direction of his political movement.



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