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. Click here to get help choosing the best mortgage rate
Investment Hot Spots:
Spiritwood, Sandilands, White Rock, Mount Hope, Saint-Laurent
The premier-elect of Alberta could introduce rent controls across the province.