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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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Russian Missile and Drone Attack Strikes Multiple Targets in Ukraine, Including Kyiv


In the early hours of Tuesday, Russia launched a significant aerial attack on Ukraine, targeting the capital city of Kyiv and several other regions with a barrage of missiles and drones. The Ukrainian air force reported a ballistic missile threat at 3:00 a.m., followed by at least two explosions in Kyiv minutes later. Another missile alert was issued at 8:00 a.m., with at least one explosion reported in the city.

Missile debris fell in the Darnytskyi district of Kyiv, but there were no immediate reports of casualties or damage. In the northeastern Sumy region, authorities reported strikes near the city of Shostka, where 12 residential buildings and two educational facilities were damaged. The Russian Defense Ministry claimed that its forces successfully struck a Ukrainian air base and a gunpowder factory.

The nearly three-year conflict has seen significant destruction of Ukraine's energy infrastructure, leading to widespread rolling electricity blackouts. Despite the provision of air defense systems by Kyiv's Western allies, Russia has continued to overwhelm Ukraine's defenses with combined strikes involving large numbers of missiles and drones.

As the conflict continues, uncertainty looms over its future course, especially with U.S. President-elect Donald Trump set to take office next month. President Joe Biden recently announced an additional $2.5 billion in weapons aid to Ukraine, aiming to bolster Kyiv's defenses before the transition of power.

The situation remains tense as both sides continue to engage in aerial and ground attacks, with no clear resolution in sight.

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