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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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Tragedy at Sea: Three Sudanese Sisters Lost in Mediterranean Crossing

 


In a heartbreaking incident on the central Mediterranean migration route, three sisters from war‑torn Sudan — aged 9, 11, and 17 — lost their lives when an overcrowded rubber dinghy began taking on water in rough seas north of Libya.

Rescue volunteers from the German NGO RESQSHIP saved around 65 people from the vessel, which had departed Zuwara, Libya, bound for Italy. The sisters’ mother and brother were among the survivors brought to Lampedusa late Saturday. A fourth passenger remains missing at sea.

Rescuers described perilous conditions: a partially deflated boat, waves reaching 1.5 meters, and darkness that made the operation dangerous. The sisters’ bodies were discovered in a pool of water and fuel at the bottom of the dinghy after many passengers had been evacuated.

Among the survivors were pregnant women, children, and people from Sudan, Mali, Ivory Coast, Ethiopia, and Eritrea. Four required urgent medical evacuation. The tragedy underscores the deadly risks faced by migrants attempting the crossing, a route that has claimed over 30,000 lives since 2014.

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