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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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Israel Agrees to Gaza Ceasefire Framework: Now Awaiting Hamas’ Decision

 


In a significant development, Israel has essentially endorsed a framework for a proposed Gaza ceasefire and hostage release deal. The ball is now in Hamas’ court as they must decide whether to agree to it. A senior U.S. administration official revealed this information on Saturday, just a day before talks are scheduled to resume in Egypt.

The proposed framework includes a six-week ceasefire, which could provide much-needed relief to the conflict-weary region. Additionally, Hamas would be required to release hostages considered vulnerable, including the sick, wounded, elderly, and women. The Israelis have “more or less accepted” this proposal, according to the official. However, the final decision rests with Hamas, and efforts are ongoing to encourage their cooperation.

International mediators have been working tirelessly to broker this deal before the start of the Muslim holy month of Ramadan (around March 10). If successful, the agreement would allow aid to reach hundreds of thousands of desperate Palestinians in northern Gaza. These individuals are currently under the threat of famine due to the ongoing conflict.

In response to the dire situation, U.S. military planes have initiated airdrops of thousands of meals into Gaza. Jordan and Egypt have also conducted similar airdrops. However, aid groups emphasize that airdrops should be a last resort. Instead, they advocate for the opening of other crossings into Gaza and the removal of obstacles at the few existing ones.

The European Union’s diplomatic service has expressed concern over the chaos surrounding an aid convoy in Gaza. Many of the hundreds of Palestinians killed or wounded during the incident were hit by Israeli army fire. The EU calls for an international investigation, attributing the crisis to "restrictions imposed by the Israeli army and obstructions by violent extremists to the supply of humanitarian aid".

As the talks continue, the world watches with bated breath, hoping for a breakthrough that will alleviate the suffering of those caught in the crossfire.


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