Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Gulf Tensions Escalate as Iran Strikes Kuwait Refinery and Israel Targets IRGC Spokesman

            Fires broke out at Kuwait's Mina al-Ahmadi refinery after it was hit by Iranian drone attacks.

A sharp escalation in the U.S.-Israeli conflict with Iran unfolded on Friday as Iran launched a strike on Kuwait’s Mina Al-Ahmadi oil refinery, igniting a major fire and intensifying fears of regional energy instability.  At the same time, Israel carried out a deadly operation that killed Ali Mohammad Naini, the spokesperson for Iran’s Islamic Revolutionary Guard Corps (IRGC), in a joint U.S.-Israeli strike. 

The refinery attack follows a series of Iranian strikes on Gulf energy infrastructure, including a recent hit on Qatar’s Ras Laffan facility, which analysts warn could leave global natural gas supplies strained for years.  Israel, meanwhile, has pledged to avoid further attacks on Iran’s South Pars gas field after Tehran’s retaliation caused significant damage earlier in the week. 

As fires burned across key energy sites and oil prices stabilized around $110 per barrel after a sharp surge, concerns mounted over the potential for a global economic shock should the conflict continue to disrupt vital energy corridors.  The IRGC condemned the killing of Naini as a “cowardly terrorist attack,” vowing continued missile production despite the intensifying conflict. 

The latest developments underscore a rapidly widening confrontation with no clear end in sight, raising alarms across global markets and diplomatic circles.

Labels:

Comments

Post a Comment