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GTA & Vancouver Home Sales Fell Again in August — What RBC's "Recovery" Call Actually Means for You

  September 6, 2026  •  Canadian Money Brief Fresh numbers out this week from the Toronto Regional Real Estate Board (TRREB) and Greater Vancouver Realtors (GVR) confirm what a lot of GTA and Metro Vancouver households already feel in their bones: the country's two biggest, most expensive housing markets are still shrinking on paper, even as the Bank of Canada holds rates and the trade war eats into everyone's confidence. At the same time, RBC Economics dropped a report calling this a market that's "finally taking steps" toward recovery. Those two things sound contradictory. They're not — but the gap between them is exactly where you need to be paying attention, whether you're a first-time buyer, a seller sitting on a listing, or a landlord watching your renewal math. What It Means for You: Prices are still down year-over-year in both cities, but the underlying supply picture — fewer new listings, tighter inventory — is the thing actually shifting. That...

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Union Warns of Looming Public Sector Job Cuts

 

                            Government office buildings are seen, Friday, July 29, 2022 in Gatineau, Quebec. 

Hundreds of public sector workers have been warned that their jobs could be at risk, according to union representatives. The union says government cost-cutting measures and restructuring plans could lead to widespread layoffs across multiple departments.

Union leaders argue that the cuts would not only affect workers but also reduce the quality of services provided to the public. They are calling on officials to reconsider the proposals and engage in meaningful dialogue to protect jobs and maintain service standards.

Workers have expressed growing anxiety over the uncertainty, with many fearing the impact on their families and communities. The union has pledged to continue fighting for its members and is urging the government to explore alternatives to job losses.


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