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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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Ukraine Drone Strikes Hit Moscow, Trigger Fire in Tula Region

                                            Tula lies directly south of the Moscow

Russian authorities reported that Ukrainian drones launched overnight attacks on Moscow, with debris from the downed aircraft sparking an industrial fire in the Tula region, located south of the capital.

  • Moscow Mayor Sergei Sobyanin confirmed that at least three drones aimed at the city were intercepted by air defenses. Emergency services were dispatched to the crash sites, though no immediate damage or casualties were reported.
  • Russia’s civil aviation authority announced that two of Moscow’s four major airports temporarily restricted operations due to the attacks.
  • The Russian Defense Ministry claimed its air defense units destroyed 172 Ukrainian drones overnight, nearly half of them over regions bordering Ukraine.
  • In Tula, local officials said debris from a drone caused a fire at an industrial site. Reports from residents suggested the facility may have been a synthetic rubber plant, though authorities have not confirmed the exact target.

The strikes underscore Ukraine’s continued use of long-range drones to pressure Russian infrastructure and disrupt operations deep inside Russian territory. While Moscow has downplayed the damage, the attacks highlight vulnerabilities in Russia’s industrial and aviation sectors.


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