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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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Diplomatic Overture: Lavrov Signals Willingness to Meet Rubio

                                          Russian Foreign Minister Sergei Lavrov

Russian Foreign Minister Sergey Lavrov has expressed readiness to meet with U.S. Senator Marco Rubio, signaling a potential opening for dialogue amid strained relations between Moscow and Washington.

Lavrov’s statement comes at a time when geopolitical tensions remain high, with both nations navigating disagreements over security, sanctions, and global conflicts. While no formal agenda has been announced, the prospect of a meeting suggests that both sides may be exploring avenues to reduce friction and establish communication channels.

Rubio, a senior Republican senator known for his strong stance on foreign policy, has frequently criticized Russia’s actions on the international stage. A meeting between the two figures could mark a rare opportunity for direct engagement, though expectations for substantive breakthroughs remain cautious.

Observers note that even symbolic gestures of dialogue can carry weight in international diplomacy, particularly when relations are at a low point. Whether this potential meeting leads to tangible progress or remains a diplomatic formality will depend on the willingness of both parties to find common ground.


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