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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 Mexico Forge Strategic Alliance to Counter U.S. Trade Pressures


Mexican President Claudia Sheinbaum, right, stands next to Canadian Prime Minister Mark Carney as they hold a news conference at the National Palace, in Mexico City, Mexico, on September 18, 2025.


Canadian Prime Minister Mark Carney and Mexican President Claudia Sheinbaum have signed a comprehensive strategic partnership aimed at strengthening economic, security, and environmental cooperation.

The agreement, sealed in Mexico City, comes as both nations face escalating U.S. tariffs — including 50% duties on Canadian steel and sector‑specific levies on Mexican goods — under President Donald Trump’s trade policies.

Carney described North America as “the economic envy of the world,” stressing that Canada and Mexico “complement the United States” and are “stronger together”. The pact expands collaboration in infrastructure, trade, health, agriculture, and organized crime prevention, while reinforcing commitments under the United States‑Mexico‑Canada Agreement (USMCA) ahead of its 2026 review.

Officials say the deal also signals a reset in bilateral relations after past tensions, with both leaders presenting a united front to avoid being pitted against each other in upcoming trade negotiations.


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