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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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Carney Urges Swift Action as Gaza Ceasefire and Hostage Deal Begin

Relatives and supporters of Israeli hostages held by Hamas in the Gaza Strip celebrate after the announcement that Israel and Hamas have agreed to the first phase of a peace plan, as they gather at a plaza known as the hostages square in Tel Aviv, Israel, Thursday, Oct. 9, 2025.


Prime Minister Mark Carney has called the opening days of the U.S.-brokered Gaza ceasefire agreement “crucial,” stressing that both Israel and Hamas must follow through on their commitments to ensure the fragile deal holds.

The first phase of the plan includes a pause in fighting, the release of 20 Israeli hostages by Hamas, and Israel’s withdrawal of troops to an agreed line within Gaza. In return, Israel is expected to release a number of Palestinian prisoners. The arrangement is designed to pave the way for a phased end to the conflict, though medium- and long-term details remain under negotiation.

Carney, speaking on Parliament Hill, thanked U.S. President Donald Trump as well as Qatar, Egypt, and Turkey for their roles in brokering the agreement. He emphasized Canada’s readiness to contribute humanitarian aid and explore additional ways to support peace efforts.

Foreign Affairs Minister Anita Anand echoed the prime minister’s remarks, noting that Ottawa is working with international partners on a broader 20-point peace plan. She also raised the possibility of Canada contributing expertise in governance and development, and participating in discussions about a potential stabilization force.

While Canadian leaders expressed cautious optimism, Carney underscored that the coming days will determine whether the ceasefire can evolve into a lasting peace.

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