Alberta

Western markets will take worst hit, but some analysts see a rebound as early as June

New Canada Emergency Rent Assistance program will lower rent payments by 75 per cent for small businesses hit by COVID-19, with landlords expected to cover 25 per cent of the cost

Slow climb from a negative-price anomaly

Rental eviction bans spook the multi-family sector while shuttered stores worry those exposed to retail

The Alberta government has joined other Western provinces and banned residential rental evictions, but so far the ban only applies for one month. Premier Jason Kenney had rejected calls for an eviction ban as late as March 27.

Oil has plummeted 50 per cent since early March, creating more trouble for Calgary landlords already struggling with huge vacancy rates

Absorb Software taking 80,000 square feet in 60-storey tower, taking building's occupancy to 60 per cent

Energy minister vows to continue campaign on behalf of oil and gas industry, post-COVID-19

Alberta Premier says property owners must be allowed to protect themselves from law breakers and people who habitually fail to pay rent

Policies include freeze on increased property taxes for businesses and individuals