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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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Hegseth Ousts Pentagon Intelligence Chief Amid Escalating Leadership Shake-Up

 

                                            US Defence Secretary Pete Hegseth


In a dramatic escalation of the Trump administration’s ongoing overhaul of military and intelligence leadership, U.S. Defense Secretary Pete Hegseth has removed Lieutenant General Jeffrey Kruse from his post as head of the Defense Intelligence Agency (DIA). The move also saw the dismissal of Vice Admiral Nancy Lacore, chief of the Navy Reserve, and Rear Admiral Milton Sands, commander of Naval Special Warfare Command.

While no official reason was provided, the shake-up follows months of tension between the administration and the intelligence community. Kruse’s ouster comes after a leaked preliminary DIA assessment concluded that U.S. airstrikes on Iranian nuclear facilities in June had only set back Tehran’s program by a few months — contradicting President Donald Trump’s public claims that the sites were “obliterated”.

Critics, including senior lawmakers, have warned that the firings risk politicizing intelligence work and could discourage officials from delivering assessments that conflict with White House narratives. The latest purge adds to a growing list of high-ranking military and intelligence officials removed during Trump’s second term, underscoring a broader pattern of loyalty-driven reshuffling at the highest levels of national security leadership.

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