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GTA & Vancouver Home Sales Fell Again in August — What RBC's "Recovery" Call Actually Means for You

  September 6, 2026  •  Canadian Money Brief Fresh numbers out this week from the Toronto Regional Real Estate Board (TRREB) and Greater Vancouver Realtors (GVR) confirm what a lot of GTA and Metro Vancouver households already feel in their bones: the country's two biggest, most expensive housing markets are still shrinking on paper, even as the Bank of Canada holds rates and the trade war eats into everyone's confidence. At the same time, RBC Economics dropped a report calling this a market that's "finally taking steps" toward recovery. Those two things sound contradictory. They're not — but the gap between them is exactly where you need to be paying attention, whether you're a first-time buyer, a seller sitting on a listing, or a landlord watching your renewal math. What It Means for You: Prices are still down year-over-year in both cities, but the underlying supply picture — fewer new listings, tighter inventory — is the thing actually shifting. That...

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Danielle Smith's Call to Pause U.S. Tariffs Sparks Debate

 

Alberta Premier Danielle Smith has stirred controversy following her remarks during a recent interview with a U.S. media outlet. Smith revealed that she had urged the Trump administration to temporarily halt tariffs on Canadian goods until after Canada's federal election. She argued that the ongoing trade dispute was inadvertently boosting support for the Liberal Party, potentially impacting the Conservative Party's chances in the election.

Smith's comments have drawn criticism from various political leaders and analysts. Some have accused her of inviting foreign interference in Canadian politics, a claim her office has strongly denied. Critics argue that her plea prioritizes political strategy over the well-being of Canadians affected by the tariffs.

While Smith maintains that her request was aimed at fostering a fair resolution to the trade dispute, the debate over her remarks continues to dominate political discourse in Canada.

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