The latest news from Moving2Canada, in case you missed it, plus can't-miss resources with timeless information and tips.
This week’s newsletter is brought to you by our trusted partner, Rentals.ca
Canada’s Rents Declined Year over Year For 13th Consecutive Month
The average asking rent in Canada was $2,105 in October, down 2.2% from last year. This marks the 13th straight month of annual rent declines, though the drop was the smallest in nearly a year, hinting at a possible slowdown. Rents for purpose-built apartments were steady, falling just 0.7%, while studio condos saw the biggest drop at 14.2%. B.C. and Alberta led the national declines, meaning rent is getting more and more affordable, while Saskatchewan and Manitoba saw modest gains. Vancouver and Toronto rents hit multi-year lows, and shared accommodation costs dropped to a 28-month low, which will be welcome news to many.
Our Video Update This Week
In this video, Rebecca Major (RCIC) goes through all the key insights from the 2026-2028 Immigration Levels Plan.
Most Read News This Week
Our news post on what we do, and don’t, yet know about the proposed accelerated PR pathway for work permit holders continues to draw strong interest.
It’s already been 10 days since publication, but it’s still going strong, a clear sign that many people are eager for any updates on the new pathway.
Money Matters
Many newcomers to Canada experience financial stress while adapting to new costs, banking systems, and income changes. Building an emergency fund can help ease that pressure. It provides a safety net for unexpected expenses and gives newcomers greater financial stability and peace of mind as they settle into life in Canada.
This week’s email is brought to you by our partner, Rentals.ca.
News This Week, In Case You Missed It
Why foreign work experience is now essential for success in the Express Entry system.
We have updated our page on the current competition within the Express Entry pool. Check it out to see where you stand.
Canada gained 67,000 jobs in October.
Rachel from the team almost had to leave Canada; here’s what it taught her.
Ontario has new driving licence rules. Here’s what you need to know about it.
Canada just delivered welcome news for graduate students.
Ontario adjusts OINP to allow applications to be returned.
Plus a PNP, CEC, and a Healthcare Express Entry draw, and PNP draws in Manitoba.
