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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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Hostage Negotiations: A Crucial Step for Gaza Ceasefire Extension

Israel has emphasized the need for a new agreement on the release of hostages to extend the fragile ceasefire in Gaza. The truce, which began on January 19 with U.S., Qatari, and Egyptian mediation, has temporarily halted fighting. However, the initial 42-day agreement has expired, leaving both sides at an impasse over broader issues, including governance in Gaza and the future of Hamas.

Foreign Minister Gideon Saar stated that Israel is prepared to proceed to the next phase of the ceasefire, contingent on Hamas releasing more of the 59 hostages still held. Hamas, in turn, has expressed willingness to negotiate but insists on broader discussions that could lead to a permanent resolution, including the withdrawal of Israeli forces from Gaza.

The ceasefire has provided some relief to civilians, with humanitarian aid entering Gaza during the truce. However, tensions remain high, with accusations of violations from both sides. The international community continues to push for progress, with U.S. envoy Steve Witkoff expected to visit the region to facilitate further negotiations.

The outcome of these talks will determine whether the ceasefire can be extended, offering hope for a more lasting peace in the region.

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