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GTA & Vancouver Home Sales Fell Again in August — What RBC's "Recovery" Call Actually Means for You

  September 6, 2026  •  Canadian Money Brief Fresh numbers out this week from the Toronto Regional Real Estate Board (TRREB) and Greater Vancouver Realtors (GVR) confirm what a lot of GTA and Metro Vancouver households already feel in their bones: the country's two biggest, most expensive housing markets are still shrinking on paper, even as the Bank of Canada holds rates and the trade war eats into everyone's confidence. At the same time, RBC Economics dropped a report calling this a market that's "finally taking steps" toward recovery. Those two things sound contradictory. They're not — but the gap between them is exactly where you need to be paying attention, whether you're a first-time buyer, a seller sitting on a listing, or a landlord watching your renewal math. What It Means for You: Prices are still down year-over-year in both cities, but the underlying supply picture — fewer new listings, tighter inventory — is the thing actually shifting. That...

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Administrative Error Leads to Controversial Deportation

The Trump administration recently admitted to an "administrative error" that resulted in the deportation of Kilmar Abrego Garcia, a Maryland resident, to El Salvador. Despite a 2019 court ruling granting him protection from deportation due to credible fears of persecution, Abrego Garcia was mistakenly sent to a Salvadoran mega-prison on March 15, 2025. 

Abrego Garcia, who has lived in the U.S. since he was 16, fled gang violence in El Salvador. He resides with his U.S. citizen wife and their child. The deportation occurred under the Alien Enemies Act, a rarely invoked 18th-century law, as part of a broader immigration crackdown. The administration has stated that it cannot facilitate his return, citing jurisdictional limitations.

The case has sparked legal and political debates, with critics highlighting the potential dangers Abrego Garcia faces in El Salvador and questioning the administration's adherence to legal protections. His attorneys continue to advocate for his safe return to the United States. 


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