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Rent regulation in Canada is a set of laws and policies which control the amount by which rental prices for real property can increase year to year. Each province and territory can pass legislation, where the purpose is to limit rent prices increasing beyond what is affordable for most home dwellers.
Calgary had the highest market rental rates in Canada. In order to rent a two-bedroom apartment a household would need to have an income of $53,000. Approximately 42,000 households were spending over 50% of the annual income on housing, putting them at risk of homelessness. Over 3,200 people in Calgary were homeless in 2022. [11]
The Bank of Canada began hiking interest rates on March 2 2022. [63] Later that same month, Oxford Economics forecasted a 24% drop in Canadian home prices by mid-2024, unless higher interest rates and anti-speculation policies fail. Were home prices to rise further (in this latter scenario), a crash of 40% and a financial crisis was to be expected.
The Uber XXL service, catered toward airport travel, is available in more than 60 airports globally, including 40 in the United States and Canada, the company said. Uber has be… Fox News 27 days ago
Pre-2019 Map of Edmonton and adjoining St. Albert and Sherwood Park. The City of Edmonton, the provincial capital of Alberta, Canada is divided into 7 geographic sectors [1] and 375 neighbourhoods, [2] not including those proposed and planned neighbourhoods that have yet to be developed. This article generally describes each sector, their ...
The Edmonton Federation of Community Leagues (EFCL) is a non-profit organization that acts as an administrative body to support community leagues throughout Edmonton, Alberta, Canada, and is officially recognized by city council as the coordinating body for all community leagues in the city. [2]
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