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Is Now a Good Time to Rent vs. Buy in Canada?

After years of brutal rent hikes that left many Canadians feeling priced out of their own cities, something has quietly shifted: rents are finally falling. But does that mean you should lock in a lease and wait out the housing market — or is this actually the window you've been waiting for to buy? The answer, as always, depends on your city, your finances, and your plans. Here's a clear-eyed breakdown of where things stand in 2026. What's Happening With Rents Right Now The Canadian rental market has undergone a dramatic reversal. After vacancy rates hit record lows in 2023 and rents surged by as much as 8% nationally in a single year, the tide has turned. According to the Canada Mortgage and Housing Corporation (CMHC), the national vacancy rate for purpose-built rental apartments rose to 3.1% in October 2025 — up from 2.2% in 2024 and a record low of just 1.5% in 2023. That 3.1% figure now sits above the 10-year historical average , marking a meaningful shift in the bal...
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Alberta Health Contract Probe Reveals Overlooked Conflicts of Interest

 

                                            Premier Danielle Smith

A long-awaited report into Alberta’s health contract practices has concluded that conflicts of interest involving two staff members were widely known but left unaddressed by senior officials.

The investigation, led by former Manitoba judge Raymond Wyant, stemmed from allegations raised in a wrongful dismissal lawsuit filed by a former Alberta Health Services CEO. While Wyant found no evidence of wrongdoing by Premier Danielle Smith, her ministers, or political staff, he noted that systemic gaps allowed conflicts to persist unchecked.

The final report makes 18 recommendations, including stronger conflict-of-interest rules, clearer procurement policies, and improved oversight mechanisms to prevent similar issues in the future. Wyant emphasized that many within the system assumed leadership was aware of the conflicts and managing them, but no corrective action was taken.

The Alberta government has pledged to review the recommendations as it faces mounting pressure to restore public trust in its health-care contracting process.  


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