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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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Canada Post Strike Halts Mail Service, Disrupting Businesses and Consumers

Postal workers walk the picket line in front of a Canada Post facility in Medicine Hat, Alta., on Thursday, after their union said employees were going back on strike.

Canada Post workers have once again walked off the job, launching a nationwide strike that has brought mail and parcel delivery to a standstill. The Canadian Union of Postal Workers (CUPW) called the strike in response to sweeping reforms announced by the federal government, which include ending home delivery for millions of households and lifting the moratorium on closing rural post offices.

The disruption is expected to cause significant delays for businesses and consumers alike. Canada Post confirmed that no new mail or parcels will be accepted during the strike, and service guarantees for items already in the system have been suspended. Essential deliveries, such as government benefit cheques and shipments of live animals, will continue, but most services are on hold.

The government has argued that the reforms are necessary to stabilize the financially struggling Crown corporation, which has been losing millions of dollars each month. CUPW, however, says the changes will erode service quality, particularly for rural and Indigenous communities, while undermining workers’ rights.

With negotiations stalled and both sides standing firm, Canadians are bracing for prolonged delays that could ripple through e-commerce, small businesses, and everyday life.


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