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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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G7 Leaders Stand Firm on Israel’s Right to Defend Itself Amid Escalating Middle East Tensions

 

At the ongoing G7 summit in Canada, world leaders have issued a strong statement affirming Israel’s right to self-defense while condemning Iran as a principal source of regional instability and terror. The declaration comes as the conflict between Israel and Iran intensifies, with missile strikes exchanged for several consecutive days.

The G7 nations—Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States—emphasized that Iran must never possess a nuclear weapon and urged a broader de-escalation of hostilities, including a ceasefire in Gaza. The leaders also expressed concerns about the potential impact on global energy markets and pledged to coordinate efforts to safeguard stability.

U.S. President Donald Trump left the summit early, reportedly to focus on negotiations aimed at resolving the crisis. French President Emmanuel Macron hinted that Trump had made an offer for a ceasefire between Israel and Iran, though Trump later dismissed the claim.

As the conflict continues to unfold, the G7’s unified stance signals a commitment to regional security and diplomatic resolution, though the path forward remains uncertain.

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