Tag: news
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Canada’s Cheapest Cities For Rent In 2026
Rent prices are finally falling across much of Canada, but where you live still makes an enormous difference. The average asking rent for all residential properties across Canada fell to $2,035 per month in August 2026, according to the latest National Rent Report from Rentals.ca and Urbanation. That was down 4.8% from August 2025 and…
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Cheapest Provinces To Live In Canada With The Best Quality Of Life In 2026
Canada is expensive, but where you live can still make a difference of hundreds of thousands of dollars. The average Canadian home sold for about $668,000 in August 2026, while average asking rent reached $2,035 per month. But several provinces remain significantly cheaper, especially when it comes to buying a home. For this 2026 update,…
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2026 Ontario Property Tax Rates By City: Here’s Where Homeowners Pay The Most
Property tax rates vary dramatically depending on where you own a home in Ontario. In some municipalities, the 2026 residential property tax rate is below 0.8%. In others, it is approaching or exceeding 1.8%. That can translate into thousands of dollars in difference every year for properties with the same assessed value. For example, a…
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Calgary’s Record-Breaking Home Construction Is Actually Shrinking Its Housing Shortage
Calgary has spent the past several years building homes at a record pace, and new data suggests all that construction is actually making a measurable difference. According to the Canada Mortgage and Housing Corporation’s Fall 2026 Housing Supply Report, Calgary is one of the few major Canadian housing markets where the estimated housing supply gap…
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Edmonton Is The Only Major Canadian City Without A Housing Supply Shortage
Canada may be struggling with a massive housing shortage, but one major city appears to be bucking the trend. Edmonton is currently the only large Canadian housing market with no measurable housing supply gap, according to the Canada Mortgage and Housing Corporation’s new Fall 2026 Housing Supply Report. CMHC says housing construction in Edmonton has…
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Toronto Housing Starts Just Fell 10% As New Construction Slows
Toronto needs significantly more housing in the years ahead, but the latest construction numbers are moving in the opposite direction. New data from the Canada Mortgage and Housing Corporation shows housing starts across the Toronto area fell 10% year-over-year in July 2026, driven by a decline in multi-unit construction. A total of 1,540 homes started…
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Every Province Ranked by Housing Affordability in Canada
Housing affordability looks very different depending on where you live in Canada. In some provinces, average home prices remain below $400,000. In others, buyers are still facing price tags close to or above $800,000, even after several years of market cooling. Based on the latest available provincial home price data, here is how every Canadian…
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Ontario Consumer Insolvencies Hit Highest Level Since The Financial Crisis
Consumer debt stress continues to climb across Ontario, and new data suggests financial pressures are reaching levels not seen since the aftermath of the 2008 Global Financial Crisis. According to the latest figures from the Office of the Superintendent of Bankruptcy (OSB), Ontario recorded its second-highest number of consumer insolvencies ever for the month of…
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Ontario Is Introducing New Rules For Real Estate Brokerages After The iPro Realty Scandal
Ontario is tightening oversight of real estate brokerages following one of the biggest scandals to hit the province’s real estate industry in recent years. The Real Estate Council of Ontario (RECO) announced new financial reporting requirements that will require brokerages to submit annual financial filings beginning October 1, 2026. The changes come less than a…
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Canada’s Population Has Fallen by More Than 230,000 People Since Its Peak
Canada’s population continues to decline after a period of record-breaking growth, according to new data from Statistics Canada. The latest population estimates show Canada’s population fell by approximately 55,000 people in the first quarter of 2026, marking the third consecutive quarterly decline. While the country’s population remains above 41 million people, it has now fallen…
