Rachel Notley has a new bill that attacks property owners. It’s called Bill 202.
Bill 202 is officially named the Alberta Affordable Housing Review Committee Act. It’s a short bill - only 3 pages - with a long name. But it’s still dangerous. Bill 202 can make drastic changes to how Alberta landlords manage their rental properties.
Officially, the law mandates that a committee review five areas the NDP find concerning. They include rent regulation, rent subsidies, security deposits, affordability of rental rates for the rental of mobile home sites and affordability of homeownership and mechanisms to support affordability.
Landlords come in many forms beyond the capitalist pig slumlords that exist in the NDP nightmares. Landlords can be our grandparents using a second home as a retirement investment. Landlords can be our struggling neighbour who built a basement suite to help pay his mortgage while he’s laid off from their oil patch job.
Leave it to a caucus full of socialists who have barely left their parents houses to tell you how to pay for yours.
I explain in my video why high rents will see a market correction on their own without any intervention by the busybody social engineers in the NDP.
Bill 202 is no more about affordable housing than Bill 6 was about safety. Both of these laws are about control.
These laws are about the NDP bringing people under the control of the government.