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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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Israeli Strikes Kill Two Senior Iranian Security Officials, Escalating Regional Tensions

 

Iranian Secretary of Supreme National Security Council Ali Larijani, speaks during a press conference after his meeting with the Lebanese parliament speaker Nabih Berri, in Beirut, Lebanon, Aug. 13, 2025. Gholamreza Soleimani, a senior officer in the Islamic Revolutionary Guard Corps who commands Basij forces, attends a gathering during Basij Week in the Iranian capital Tehran on Nov. 24, 2019.

Israel announced that it has killed two of Iran’s top security officials in a series of overnight strikes, marking a significant escalation in an already volatile regional conflict. According to Israeli Defense Minister Israel Katz, the operation targeted Ali Larijani, Iran’s top security official and secretary of the Supreme National Security Council, along with Gen. Gholamreza Soleimani, commander of the Revolutionary Guard’s Basij paramilitary force.

The strikes, which reportedly took place in Tehran, are part of a broader campaign aimed at weakening Iran’s senior leadership. Iranian state media has not yet confirmed the deaths, though officials indicated that a statement may be forthcoming. 

In response, Tehran launched additional missiles and drones toward Israel and neighboring Gulf states, signaling that the conflict shows no signs of easing. The killings follow earlier attacks that have already shaken Iran’s leadership structure, intensifying fears of further regional destabilization. 


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