Will This Affect you?

New Alberta government could introduce rent controls

The premier-elect of Alberta could introduce rent controls across the province.
The Financial Post is reporting that yesterday’s win for the NDPs could lead to Rachel Notley implementing these controls as she has previously stated her support for the measure.
It cites a Calgary Herald report in October last year quoting Notley when she criticized Jim Prentice for leaving the market to regulate rents and suggested that rent control would be a solution.
The NDP has not confirmed that rent controls would be a priority for the new government, but reports suggest that there would be strong opposition from the industry.
Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage.

Report: condo activity has moderated in Toronto
There was a 58 per cent decline in new Toronto condo developments during the first quarter of this year according to a new report… Read more

Sales rise in Ontario markets
Realtors in Kitchener-Waterloo and Windsor-Essex are reporting increased sales. Read more

Screen shot 2015-05-05 at 4.30.32 PM

0 comments on “Will This Affect you?

Leave a Reply

Your email address will not be published. Required fields are marked *