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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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Wall Street Steadies as Earnings Season Gains Momentum Amid Trade Tensions

 

U.S. stock futures edged higher Tuesday morning, signaling a cautious rebound as Wall Street digests a whirlwind of economic and geopolitical developments. After a volatile week marked by a weak jobs report, fresh tariffs, and political shakeups, investors are now turning their attention to corporate earnings and looming trade threats.

Futures Movement

  • Dow Jones Industrial Average: Hovered near the flatline
  • S&P 500: Rose 0.2%
  • Nasdaq 100: Gained 0.3%

Corporate Highlights

  • Palantir (PLTR) surged in premarket trading after reporting over $1 billion in quarterly revenue for the first time, beating expectations.
  • Pfizer (PFE) climbed 2% after posting earnings per share of $0.78 on $14.7 billion in revenue, surpassing Wall Street forecasts.

Earnings on Deck Major players set to report this week include:

  • Tuesday: AMD, Rivian
  • Wednesday: McDonald’s, Disney

Trade Tensions Escalate President Trump intensified trade pressure by threatening increased tariffs on India, particularly targeting its continued import of Russian crude. These threats come ahead of a new round of global tariffs expected to take effect later this week.

Global Signals Despite reporting a slowdown in July sales, Nvidia’s key partner Hon Hai Precision saw its Taiwan-listed shares rise 2%, reflecting investor optimism in tech resilience.

As Wall Street braces for more earnings reports and geopolitical developments, investors remain cautiously optimistic, hoping strong corporate performance can offset macroeconomic uncertainty.


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