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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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Pope Francis Shows Resilience Amid Health Setback


Pope Francis, 88, is resting and recovering after a recent health setback during his two-week battle with double pneumonia. The Vatican reported that the Pope experienced an isolated bronchial spasm, which caused a sudden worsening of his respiratory condition. Doctors promptly placed him on non-invasive mechanical ventilation after aspirating vomit that had been inhaled during a coughing fit.

Despite the alarming episode, the Pope remains conscious and alert. Encouragingly, he started his day with coffee and the morning newspapers, signaling a return to some normalcy. The Vatican emphasized that his prognosis remains guarded, but there have been no further respiratory crises overnight.

This health challenge comes as Pope Francis continues to inspire millions with his resilience and dedication, even amidst personal health struggles. The global Catholic community remains united in prayer for his swift recovery.

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