Earlier this year, the City of Victoria advanced its draft 10-year Official Community Plan, Victoria 2050, to include a formal Tenant Protection Bylaw that tightens property owner’s duties and responsibilities towards their tenants. The bylaw includes some key additional requirements such as providing tenants displaced by redevelopment projects with financial compensation, relocation assistance, and...

Many investors and landlords often overlook the financial benefits of proactive property maintenance. However, regular inspections, prompt repairs, and preventive upkeep not only cut long-term costs and preserve property value but also improve tenant satisfaction—key factors that boost overall returns on investment. By dedicating time and resources to maintenance today, property owners can avoid expensive...

Alberta’s housing market from Q1 2024 to Q1 2025 reflected the impacts of rapid population growth, shifting supply conditions, and notable differences in performance between Calgary and Edmonton. The period began with very strong sales and a tight seller’s market, gradually shifting to more balanced conditions by early 2025, with Edmonton emerging as a comparatively tighter and stronger market than...