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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 Leaders Gather in Rome to Honor Pope Francis

Rome is witessing an extraordinary convergence of global leaders and dignitaries as they arrive to pay their respects to Pope Francis, who passed away at the age of 88. Among the prominent figures attending the funeral are former U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskyy. The funeral, set to take place in St. Peter's Square, marks the culmination of a week of mourning for the beloved pontiff.

Pope Francis, known for his humility and dedication to the marginalized, has drawn tens of thousands of mourners to St. Peter's Basilica, where his body lay in state. The Vatican has confirmed the attendance of 130 delegations, including 50 heads of state and 10 reigning monarchs, reflecting the global impact of his leadership.

The ceremony will also feature a poignant moment as a group of poor and needy individuals, in line with Francis' values, will pay homage to his coffin. As the world bids farewell to a transformative figure, the conclave to elect his successor is set to begin in early May.



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