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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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Tragedy Strikes Bow Glacier Falls: Rock Slide Claims One Life, Injures Three

A devastating rock slide near Bow Glacier Falls in Banff National Park has left one person dead and three others injured, according to officials. The incident occurred around 1:30 p.m. on Thursday, approximately 37 kilometers north of Lake Louise along the Icefields Parkway.

Multiple hikers were caught in the sudden rockfall while exploring the popular trail. Emergency crews, including Parks Canada, RCMP, STARS Air Ambulance, and local fire departments, responded swiftly to the scene. Two of the injured were airlifted to Foothills Medical Centre in Calgary, while another was transported by ground ambulance.

Eyewitnesses described a terrifying moment as a large section of rock broke away from the mountainside, sending debris tumbling down the slope. One hiker recounted sprinting for safety as a massive dust cloud engulfed the area.

Search and recovery operations continued into the evening, with drones and rescue dogs deployed to ensure no one else was trapped. Parks Canada has issued temporary closures around Bow Lake and urged visitors to avoid the area while recovery efforts are underway.

Officials have extended their condolences to the victims and their families, calling the event a heartbreaking reminder of the unpredictable power of nature.

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