Why Alberta

Have you been keeping up with Alberta?

CMHC MLI Select + Alberta = investment gold. Alberta is growing faster than anywhere else in Canada, rents are strong, building is cheaper, and the rules respect the people who own the buildings. Put it together and you get stable, high cash flow with a small down payment.

Alberta city skyline

The case for Alberta

Six reasons the smart money is moving west.

01

High demand for housing

Alberta's population grew 4.0%, the fastest in Canada, with record numbers of people moving in from other provinces (Statistics Canada).

02

Tech hub + AI centre

Edmonton is set to become North America's next big tech hub, with tech jobs up 53.3% over five years. Northwest Alberta will host the world's largest AI data centre.

03

Strong affordability index

Renters in Edmonton earn more, which means rents are higher. Edmonton's affordable rent sits around $1,665 per month.

04

Lower build costs + fees

No land transfer tax. No development charges. No municipal hookup charges. No parkland dedication. More of the deal stays in your pocket.

05

Landlord-friendly laws

No rent control. Security deposits are legal. Pet rules and pet fees are allowed. The rules respect the people who own the building.

06

A fair landlord–tenant balance

Non-paying tenants can be evicted within 14 days. Appeals take under 28 days, and the only valid appeal is proof of payment.

Alberta vs Ontario

The tenancy-law gap that changes everything.

Where you own matters as much as what you own. Alberta’s rules respect the people who own the buildings, which protects your cash flow.

Alberta
Ontario
Rent control
None, rents are set by the market
Yes, annual guideline caps increases on most units
Eviction for non-payment
As fast as ~14 days
Months at the Landlord & Tenant Board (often 6–12+)
Dispute / appeals
Appeals under ~28 days; proof of payment is the only valid appeal
Lengthy LTB backlog
Security / damage deposits
Allowed
Not allowed (last month's rent only)
Pets
Pet fees and enforcement allowed
'No-pet' clauses generally unenforceable

General comparison for context only, subject to change; not legal advice. Alberta figures per CMHC materials.

+4.0%

Population growth

fastest in Canada

+53.3%

Edmonton tech jobs

over five years

$1,665

Edmonton affordable rent

per month

14 days

Eviction for non-payment

landlord-friendly law

In the headlines

Don’t take our word for it.

Alberta’s momentum is national news.

Financial Post: Canada's fastest-growing luxury real estate market is Edmonton
Financial Post
Edmonton Global: Canada's fastest growing metro is the Edmonton region
Edmonton Global
National Post: Why housing starts are sizzling in Alberta while they fizzle in Ontario
National Post
Edmonton Journal: Why less expensive rentals are so hot in Alberta
Edmonton Journal
Alberta is booming: employment growth in the four largest provinces
Government of Alberta · ATB Economics

The magic formula

Strict tenant laws + low build costs + favourable MLI Select financing = stable, high cash flow with minimal deposits.

Source: Housing shortages in Canada report, CMHC (September 2023). Figures are illustrative and subject to change.

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