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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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Canada and Germany Forge Critical Minerals and Energy Pact to Bolster Clean Transition

 

                                       Prime Minister Mark Carney, left and German Chancellor Friedrich Merz.

Prime Minister Mark Carney and German Chancellor Friedrich Merz have signed a landmark agreement aimed at securing critical mineral supply chains and deepening energy cooperation between Canada and Germany.

The joint declaration commits both nations to co-funding natural resource projects, expanding research and development, and collaborating on clean energy initiatives such as liquefied natural gas (LNG) and hydrogen. Carney emphasized that Canada’s vast reserves of nickel, cobalt, and other key minerals have been underdeveloped for too long, while global markets remain dominated by China and Russia.

The partnership is designed to strengthen transatlantic security, accelerate the clean energy transition, and create high-value jobs in both countries. Special envoys have been appointed to advance the initiative, with Canada’s Isabella Chan and Germany’s Matthias Koehler leading the effort.

During their Berlin meeting, Carney and Merz also discussed the war in Ukraine, reaffirming that no decisions about the country’s future should be made without its direct involvement.

This agreement marks a significant step in Canada’s strategy to diversify trade partnerships and position itself as a reliable global supplier of critical resources.

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