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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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Cristiano Ronaldo Joins the Billionaire Club: A Historic First in Football

ristiano Ronaldo's move to Saudi Arabia’s Al-Nassr from Manchester United in 2023 had already made him the highest-paid player in football history, with an annual salary of $237.52m plus bonuses.

Cristiano Ronaldo has officially become the first footballer to achieve billionaire status, according to the Bloomberg Billionaires Index. The 40-year-old Portuguese star’s net worth is now estimated at $1.4 billion, placing him among an elite group of athletes such as Michael Jordan, Tiger Woods, and LeBron James.

Ronaldo’s financial rise has been fueled by a combination of record-breaking salaries, lucrative endorsements, and savvy investments. His move to Saudi Pro League side Al-Nassr in 2023 secured him one of the most lucrative contracts in sports history, reportedly worth more than $400 million. Over his career, he has earned more than $550 million in salaries and signed a decade-long deal with Nike valued at nearly $18 million annually, alongside partnerships with Armani, Castrol, and other global brands.

Despite his immense wealth, Ronaldo insists he has no plans to retire soon. Speaking at the Portugal Football Globes gala, he emphasized his enduring passion for the game: “I’m still producing good things, I’m helping my club and the national team. Why not continue?”

With this milestone, Ronaldo not only cements his legacy on the pitch but also redefines what it means to be a global sports icon off it.



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