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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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Tariff Tensions Rise as EU Awaits Trump’s Next Move

The European Union is holding its breath as it awaits a formal letter from U.S. President Donald Trump that could outline sweeping new tariffs on European exports. This development follows a flurry of tariff announcements targeting countries such as Japan, South Korea, and Canada, with rates climbing as high as 50% on copper and 35% on Canadian goods.

Negotiations between the EU and the U.S. have been ongoing, with hopes of reaching a framework trade agreement before the August 1 deadline. However, internal divisions within the EU—Germany pushing for a swift deal to protect its industrial base, while France urges caution against a one-sided agreement—have complicated the bloc’s position.

Trump’s unpredictable tariff strategy has already rattled global markets. European shares dipped, gold prices rose for a third straight session, and U.S. futures slid as investors sought safe havens amid uncertainty. The EU has prepared countermeasures, including levies on up to €72 billion worth of U.S. imports, though these remain suspended for now.

As the deadline looms, EU officials remain hopeful yet cautious. “We remain locked and loaded to sign an agreement with the U.S.,” said EU spokesperson Olof Gill. “Let’s see what happens when our friends in Washington wake up a few hours from now”.

Whether the EU receives a conciliatory letter or a fresh tariff salvo, the outcome will likely shape the trajectory of transatlantic trade for months to come.

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