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Is Now a Good Time to Rent vs. Buy in Canada?

After years of brutal rent hikes that left many Canadians feeling priced out of their own cities, something has quietly shifted: rents are finally falling. But does that mean you should lock in a lease and wait out the housing market — or is this actually the window you've been waiting for to buy? The answer, as always, depends on your city, your finances, and your plans. Here's a clear-eyed breakdown of where things stand in 2026. What's Happening With Rents Right Now The Canadian rental market has undergone a dramatic reversal. After vacancy rates hit record lows in 2023 and rents surged by as much as 8% nationally in a single year, the tide has turned. According to the Canada Mortgage and Housing Corporation (CMHC), the national vacancy rate for purpose-built rental apartments rose to 3.1% in October 2025 — up from 2.2% in 2024 and a record low of just 1.5% in 2023. That 3.1% figure now sits above the 10-year historical average , marking a meaningful shift in the bal...
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Ontario's Measles Crisis: A Community on High Alert

In the heart of Ontario, a measles outbreak has gripped the province, marking the largest surge since the disease was declared eliminated in Canada in 1998. With over 470 cases reported since October, the outbreak has spread across multiple regions, including Southwestern Ontario and Grand Erie, where the majority of cases are concentrated. 

The highly contagious nature of measles, coupled with low vaccination rates in certain areas, has fueled the rapid spread. Public health officials are urging residents to ensure their immunizations are up-to-date, as unvaccinated children account for most of the hospitalizations. 

Efforts to contain the outbreak include enhanced surveillance, public awareness campaigns, and the use of innovative tools like wastewater testing in cities like Ottawa. This method, though still in its early stages, offers a promising way to detect the virus and prevent further spread. 

As Ontario battles this public health challenge, the importance of vaccination and community vigilance has never been clearer. The fight against measles is a reminder of the collective responsibility to protect the most vulnerable among us.

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