Canada’s rental vacancy rate climbed to 3.1% in 2025 and is forecast to rise further in 2026, shifting power toward tenants in markets like Toronto and Vancouver. This guide breaks down city-by-city vacancy trends, what is driving the shift, and the landlord strategies that will protect occupancy and cash flow through the rest of 2026.
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![[2026] Rental incentives for renters in Vancouver and Toronto](https://liv.rent/blog/wp-content/uploads/2021/02/renterincentives_livrent_rentalresource_2021_02_24-1.png)
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