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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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Rising Tensions as U.S. Threatens Expanded Strikes on Iranian Infrastructure

 

Smoke rises following a reported strike, as burning debris litters the surrounding area, amid the U.S.-Israeli conflict with Iran, in Baharestan, Isfahan province, Iran in this screengrab taken from a social media video released on April 1, 2026.


The United States has intensified its warnings toward Iran, signaling readiness to escalate attacks on key infrastructure as global powers work urgently to reopen the vital Strait of Hormuz. President Donald Trump stated that the U.S. military “hasn’t even started destroying what’s left in Iran,” emphasizing that bridges and electric power plants could be next targets. 

Nearly five weeks into the conflict, the U.S.-Israeli aerial campaign has already damaged critical sites, including the newly built B1 bridge near Karaj, where eight people were killed and 95 injured, according to Iranian state media. Iran has condemned the strikes on civilian structures, arguing they will not force surrender. 

Satellite imagery has shown smoke rising from Qeshm Island, a strategic point in the Strait of Hormuz, while Iran and its allies have continued retaliatory attacks across the Gulf region. Kuwait reported drone strikes on its Mina al-Ahmadi refinery, and Saudi Arabia intercepted multiple drones in recent hours. 

As dozens of nations push to restore energy shipments through the narrow waterway—through which a fifth of global oil typically flows—concerns are mounting over the conflict’s economic and humanitarian fallout. International law experts have also raised alarms about potential U.S. violations of human rights and humanitarian law amid the widening scope of the strikes. 

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