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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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Von der Leyen Fends Off No-Confidence Challenges, Secures Backing in EU Parliament

 

                                            European Commission President Ursula von der Leyen


European Commission President Ursula von der Leyen has comfortably survived two no-confidence motions in the European Parliament, reaffirming her leadership despite mounting criticism from both the far-right and far-left.

In Thursday’s votes, 378 lawmakers opposed a motion brought by the far-right Patriots for Europe group, while 383 rejected a separate challenge from The Left. Both fell far short of the 361 votes required to unseat her. The challenges centered on contentious trade deals with the United States and South American bloc Mercosur, as well as broader concerns over migration, environmental policies, and transparency.

Von der Leyen, who began her second five-year term in 2024, expressed gratitude for the support, stating that her Commission would continue to work closely with Parliament to address Europe’s pressing challenges. While the outcome was never in serious doubt, the repeated attempts highlight growing polarization within the EU assembly and the increasing willingness of fringe parties to use censure motions as political tools.


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