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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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World's First Case of Bird Flu in Sheep Sparks Concerns in the UK

 

In a groundbreaking development, the United Kingdom has reported the first-ever case of bird flu (H5N1) in a sheep. The infected ewe was identified on a farm in Yorkshire, where bird flu had previously been detected in captive birds. This marks the first known instance of the virus crossing over to sheep, adding to the growing list of mammals affected by the disease.

The infected sheep displayed signs of mastitis, an inflammation of breast tissue, and its milk tested positive for the virus. The animal was humanely culled, and extensive testing of the remaining flock revealed no further cases. Strict biosecurity measures have been implemented to prevent the spread of the disease.

Experts have emphasized that the risk to livestock and the general public remains low. However, the case has raised concerns about the virus's ability to infect a broader range of species. The UK Health Security Agency has reassured the public that avian influenza viruses currently circulating do not spread easily to humans.

This development follows similar outbreaks among dairy cows in the United States, highlighting the need for continued surveillance and preventive measures to mitigate the risk of a potential pandemic.



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