Cheap suites are not the answer

The City of Edmonton has extended a $3 million grant program to encourage low-cost secondary suites in private homes, but the real demand in the city is not for cheap rentals.

A recent Canada Mortgage and Housing Corp. (CMHC) survey found that, in a city where the overall rental vacancy rate is 1.7 per cent, the vacancy rate in units that rent for less than $750 per month is approaching 3.5 per cent and was as high as 5.5 per cent a year ago.

Read more: http://tinyurl.com/nujjx6f

Secondary Suites Debate Continues

The path to legal secondary suites in Calgary may get a little easier, in some neighbourhoods.

A report released by the City’s planning department is recommending changes to the way the suites are handled. City bureaucrats have suggested easing permit requirements in certain districts, such as areas within walking distance of major transit stops and postsecondary schools.

Read more: http://tinyurl.com/lokfggg