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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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Air Canada Begins Flight Cancellations Ahead of Potential Strike

 

Air Canada has announced it will begin cancelling flights starting Thursday in anticipation of a possible work stoppage by its flight attendants this Saturday. The move is part of an “orderly shutdown” of operations that could lead to a complete halt of flights by Air Canada and its subsidiary, Air Canada Rouge, by the weekend.

The Canadian Union of Public Employees (CUPE), representing approximately 10,000 flight attendants, issued a 72-hour strike notice on Wednesday. In response, Air Canada filed a lockout notice, citing an impasse in contract negotiations. The union has rejected the airline’s offer to enter binding arbitration, insisting on a negotiated agreement that members can vote on.

Key issues in the dispute include low wages and unpaid labor during non-flight hours. Air Canada’s latest proposal reportedly included a 38% compensation increase over four years, improved pensions, and better crew rest provisions.

Passengers affected by cancellations will be notified and offered full refunds or rebooking options. Flights operated by Air Canada Express (Jazz and PAL Airlines) will continue as scheduled.

With negotiations still ongoing, travelers are advised to monitor updates closely and adjust plans accordingly.


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