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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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U.S. Strike on Suspected Drug Vessel in Caribbean Leaves Survivors for First Time

The Trump administration says the U.S. is engaged in a war with narcoterrorist groups from Venezuela.

The U.S. military carried out a strike on a suspected drug-smuggling vessel in the Caribbean on Thursday, marking the first known incident in which survivors were reported. According to a U.S. official, two to three individuals from the targeted boat remained alive following the attack, though their condition and whereabouts remain unclear.

The strike is part of a broader campaign against narcotics trafficking in the region, which has already seen multiple vessels destroyed in recent weeks. Previous operations reportedly resulted in dozens of fatalities, raising concerns among legal experts and lawmakers about the scope and legality of such actions.

While the Pentagon has not publicly commented on whether aid was rendered to the survivors, the development introduces new questions about U.S. military engagement in counternarcotics operations and the handling of those who live through such strikes.

This incident underscores the escalating tension in the Caribbean as Washington intensifies its efforts to disrupt drug networks allegedly linked to Venezuela.


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