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Renting vs. Buying in Canada Right Now: The Real Math

With home prices softening and rents still stubbornly high, Canadians are asking the same question louder than ever. We ran the actual numbers — and the answer may surprise you. BY MONEYSAVINGS.CA  |  MAY 2026  |  8 MIN READ If you've Googled "should I rent or buy in Canada" recently, you've likely been greeted by a chorus of conflicting opinions. Realtors tell you now's a great time to buy. Your landlord just raised your rent — again. Your parents swear homeownership is the only real investment. And your bank account is sweating at the thought of a down payment. So let's cut through the noise and do what we do best here at MoneySavings.ca: run the actual math. 📊 The Canadian Market Snapshot: Where We Stand in 2026 After years of dizzying highs, Canada's housing market has finally exhaled. Here's the current lay of the land, by the numbers: $660K Avg. Canadian Home Price (down 15% from 2022 peak) $2,125 Avg. Monthly Rent 2BR in major cities 3.9% Lowes...

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Market Turmoil: S&P 500 Enters Correction Amid Escalating Trade War

                                                   

The stock market faced a sharp downturn on Thursday, with the S&P 500 officially entering correction territory. The index fell 1.4%, marking a 10% decline from its recent high. The Dow Jones Industrial Average dropped 1.3%, while the tech-heavy Nasdaq plummeted nearly 2%.

This market turbulence comes as trade tensions escalate. The European Union's retaliatory tariffs on U.S. goods, including a 50% tax on American whiskey, prompted the U.S. administration to threaten a 200% tariff on European wines and spirits. These developments have left investors on edge, fearing the economic repercussions of a prolonged trade war.

Adding to the uncertainty, debates over a stop-gap spending bill to prevent a government shutdown have further rattled market sentiment. Despite cooler-than-expected inflation data, concerns about economic stability and policy unpredictability continue to weigh heavily on Wall Street.

The correction in the S&P 500 underscores the fragility of the current market environment, as investors navigate a landscape fraught with geopolitical and economic challenges.

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