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Canada's Rent Slide Is Finally Stalling — What It Means If You Rent or Rent Out

  Published August 13, 2026 For nearly two years, "Canadian rents are falling" has been one of the safest headlines in personal finance. The August 2026 National Rent Report from Rentals.ca and Urbanation, released last week, suggests that streak may finally be running out of road — and the shift matters whether you're the one paying rent or the one collecting it. The Numbers National avg. asking rent (July) $2,037 Year-over-year change -4.0% (22nd straight monthly decline) Month-over-month change +0.2% (4th straight monthly rise) Toronto, month-over-month +1.6% to $2,577 Falling, But Not as Fast Rent is still dropping on a year-over-year basis nationally — that's now been true for 22 straight months. But the pace of the decline has been easing since it bottomed out in March, and July marked the smallest annual drop since February. On a month-to-month basis, rent has now risen for four months running, which typically happens every summer as the market hits its season...
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Chemical Plant in Sarnia Temporarily Shuts Down After High Benzene Levels Detected Near Ontario First Nation

 

Days after high levels of the cancer-causing chemical benzene were detected on the northern border of Aamjiwnaang First Nation, a chemical plant in Sarnia is shutting down. INEOS Styrolution, a chemical manufacturer, informed Global News via email that it has halted operations to perform maintenance and address a mechanical issue. The benzene levels reached 115 ug/m³ (micrograms per cubic meter) on April 16, exceeding Ontario’s annual average limit of 0.45 ug/m³ for benzene.

Dozens of Aamjiwnaang First Nation residents reported feeling ill, and an unknown number were hospitalized. The First Nation’s Chief and a representative from its Environment Department have called for the provincial government to shut down the facility until benzene emissions cease and have hinted at potential legal action. The Ministry of the Environment, Conservation and Parks issued a provincial order against INEOS, requiring the company to create a written plan to address the high levels, implement new procedures to warn the public about toxic emissions, and investigate the apparent source of the chemical leak.

At the federal level, Environment Canada has an open enforcement file related to the INEOS facility under the Environmental Emergencies regulations. David R. MacDonald, the operations manager and interim site director for INEOS Styrolution, stated that the company was “carefully reviewing” concerns raised by Aamjiwnaang First Nation regarding benzene readings from the INEOS site.

Ensuring the health and safety of employees and the community remains paramount, and operations will resume once the issue is addressed. The situation highlights the importance of monitoring and addressing chemical emissions to protect both human health and the environment.

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