Saturday, November 23, 2024

Acorn Alberta chapter calls for province to implement two per cent rent increase cap

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Calgary, October 29: A handful of renters rallied in Calgary to call for the provincial government to introduce a rent increase cap to help quell increasing costs in the local rental market.

Fable Dowling, an organizer with the Alberta chapter of Acorn — an advocacy group for people with low to moderate incomes, helped lead the rally outside Boardwalk REIT’s headquarters on 15 Avenue S.W. to call for a rent increase cap in the province.

An increase cap would legally limit how much landlords can raise their rent in a year. Dowling said other jurisdictions in Canada have such a cap in place and that they wanted to help steer the conversation in Alberta towards such a policy being implemented here.

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