Hi there,
This week, we cover an emerging trend in Canada’s rental market — showing that rental prices may not continue to fall.
Our video highlights 5 key things every worker should know before submitting an Express Entry profile. Also, a reminder: There won’t be an email from us tomorrow, because it’s Canadian Thanksgiving! (Happy Thanksgiving all!) Not to be confused with US Thanksgiving, which happens in late November. We’ve included a piece from our archives discussing why there are two different holidays for giving thanks in Canada and the US.
Canada’s Rents Might Not Drop Much Farther
Looking at the Rentals.ca October 2025 Rent Report, it looks like prices have started to stabilize over the last three months.
The graph above shows that average rents peaked at $2,193 in September 2024 and before starting to decrease. However, you can see that prices have started to stabilize over the last three months. So, does this mean we’ve seen the last of the pricing drops? Maybe, maybe not.
Our prediction, from an immigration angle, is that rents may continue to fall a little in Toronto and Vancouver. It's likely that fewer newcomers will be coming to these cities, and that some will be leaving, due to current immigration policies. So, with fewer people arriving, there may be downwards pressure on rental pricing in these major cities. However, we wouldn't be surprised to see greater stability across Canada's other cities that potentially aren’t as impacted by current immigration policies.
Our friends at Rentals.ca, however, highlighted that the winter months do often see decreases in rental prices (who wants to move in winter, right?!). So, there may yet be a little more movement downwards over the coming months – even outside Canada’s major cities. Keep your eyes out for the next edition to see what happens next.
Our Video Update This Week
In this video, Rebecca Major (RCIC) breaks down 5 key things every skills worker should understand before submitting an Express Entry profile.
Most Read News This Week
Our news post from last Friday covering the impact of Canada Post’s strike on immigration was our most read piece this week.
Interestingly, it looks like Canada Post is already winding up its strike action, opting instead for rolling regional strikes. So the impact may be felt more locally at certain times, instead of broadly across the country.
Money Matters
We published the top 7 myths newcomers need to ignore when it comes to credit scores in Canada just over one year ago.
Those lessons are just as true and relevant today. If you’re having a hard time working out what you need to do to build your score, start here.
This week’s email is brought to you by our partner, Rentals.ca.
From The Archives
Keen to learn a little bit more about Canadian Thanksgiving? We dug through the website archives to find an article from 2017, covering why Canada holds Thanksgiving on a different day to the US — plus a bunch of other interesting tidbits.
News This Week, In Case You Missed It
You NEED to own your immigration story. This court case explains exactly why.
Plus a French Express Entry draw, and PNP draws in Manitoba, Ontario, and Alberta.
