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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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Fugitive Nabbed: Canada’s 10th Most Wanted Captured at Montreal Airport


A dramatic arrest unfolded at Montreal’s Trudeau International Airport as Quebec provincial police, in coordination with the Canada Border Services Agency, apprehended Jonathan Ouellet-Gendron — ranked 10th on Canada’s list of most wanted fugitives.

Ouellet-Gendron, 36, was wanted on multiple Canada-wide warrants stemming from a 2022 homicide and drug trafficking charges in Saskatoon. He was identified as a suspect in the fatal shooting of 29-year-old Brandon Baxandall, whose body was discovered behind an apartment building on Melrose Avenue. Authorities had warned the public that Ouellet-Gendron was armed and dangerous.

After more than three years on the run, his return to Canada triggered swift action from the Sûreté du Québec Airport Unit and the Mascouche Major Crime Investigation Division. He is expected to appear in a Montreal courthouse on Sunday.

The arrest marks a major breakthrough in a case that has gripped Saskatoon since 2022 and highlights the effectiveness of the Bolo Program, which had placed Ouellet-Gendron in its top 10 most wanted list in May 2023.


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