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. 
 

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COMMENTS

  • by Mr X 2015-05-07 1:12:27 PM

    This is indeed a sad day for Albertans!!!

  • by Dave 2015-05-07 3:27:08 PM

    And so begins the NDP soft communist regime where the Government owns or controls everything.

  • by Scott 2015-05-07 7:17:42 PM

    Ontario is looking like a better investment opportunity al the time..

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