Cap Rent Increases

  • Rent increases capped at two per cent annually for two years 
  • Rent increases can be no more than inflation following the two-year cap 
  • Rent control will put the power back into the hands of people paying their rent, not the companies collecting it
  • Rent control will make housing more affordable for newcomers to Canada, for single parents, for post-secondary students
  • Caps on rent will help increase access to affordable accommodations for seasonal workers in Alberta’s tourist destinations and essential service providers in rural communities
  • Rent control is one strategy to help end the ‘financialization’ of housing

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