Important Industry Notice
Alberta Evictions Moratorium Legislation Introduced
Event Starts: Important Industry Notice
Alberta Evictions Moratorium Legislation Introduced
On Tuesday, the Government of Alberta introduced and passed first reading of Bill 23, the Commercial Tenancies Protection Act.
The bill, as currently written, will:
- Prevent commercial evictions and other remedies until at least August 31st 2020
- Prevent landlords from raising rent (including where previously contractually agreed to)
- Prevent landlords from charging late fees and penalties on missed rent
You can read the full bill here.
NAIOP Calgary, and NAIOP Edmonton and our partners BOMA Calgary and Edmonton are collecting urgent feedback on this initiative. If you have comments on specific aspects of this legislation, please email by end of day Monday June 22nd. We will produce a consolidated industry response. In the meantime, please also feel free to send your thoughts to your MLA.
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