ÐÇ¿Õ´«Ã½

Skip to main content

NDP ask competition watchdog to investigate potential rent-fixing by landlords

NDP MP Alexandre Boulerice rises during question period in the House of Commons in Ottawa on Thursday, June 6, 2024. (Sean Kilpatrick / The Canadian Press) NDP MP Alexandre Boulerice rises during question period in the House of Commons in Ottawa on Thursday, June 6, 2024. (Sean Kilpatrick / The Canadian Press)
Share

The NDP is asking the Competition Bureau to investigate whether Canadian landlords are using the same AI software that sparked an antitrust lawsuit in the United States.

The U.S. Justice Department filed the lawsuit last month against real estate software company RealPage Inc., accusing it of an illegal scheme that allows landlords to coordinate to hike rental prices.

The lawsuit, filed alongside attorneys general in states including North Carolina and California, alleges the company is violating antitrust laws through its algorithm that landlords use to get recommended rental prices for millions of apartments across the country.

NDP MPs Alexandre Boulerice and Brian Masse sent a letter to Commissioner Matthew Boswell asking the bureau to launch a probe into whether Canadian landlords have used the same software, YieldStar.

Rents in Canada have skyrocketed over the last couple of years, adding to affordability concerns in the country.

According to the latest report from Rentals.ca and Urbanation, average asking rents in August rose 3.3 per cent from last year — the slowest annual pace in almost three years — to $2,187.

This report by The Canadian Press was first published Sept. 20, 2024. 

IN DEPTH

Opinion

opinion

opinion Don Martin: Gusher of Liberal spending won't put out the fire in this dumpster

A Hail Mary rehash of the greatest hits from the Trudeau government’s three-week travelling pony-show, the 2024 federal budget takes aim at reversing the party’s popularity plunge in the under-40 set, writes political columnist Don Martin. But will it work before the next election?

opinion

opinion Don Martin: How a beer break may have doomed the carbon tax hike

When the Liberal government chopped a planned beer excise tax hike to two per cent from 4.5 per cent and froze future increases until after the next election, says political columnist Don Martin, it almost guaranteed a similar carbon tax move in the offing.

CTVNews.ca ÐÇ¿Õ´«Ã½

BREAKING

BREAKING

Three men were injured after a man armed with a knife entered a Montreal-area Islamic cultural centre Friday afternoon.

A 15-year-old boy who was the subject of an emergency alert in New Brunswick has been arrested.

Police have arrested an 18-year-old woman who allegedly stole a Porche and then ran over its owner in an incident that was captured on video.

Since she was a young girl growing up in Vancouver, Ginny Lam says her mom Yat Hei Law made it very clear she favoured her son William, because he was her male heir.

The parents of a teenager who died after allegedly consuming the poisonous products of a Mississauga man are now suing him, as well as several doctors involved in her care.

The search for a missing six-year-old boy in Shamattawa is continuing Friday as RCMP hope recent tips can help lead to a happy conclusion.

Local Spotlight

Getting a photograph of a rainbow? Common. Getting a photo of a lightning strike? Rare. Getting a photo of both at the same time? Extremely rare, but it happened to a Manitoba photographer this week.

They say a dog is a man’s best friend. In the case of Darren Cropper, from Bonfield, Ont., his three-year-old Siberian husky and golden retriever mix named Bear literally saved his life.

A growing group of brides and wedding photographers from across the province say they have been taken for tens of thousands of dollars by a Barrie, Ont. wedding photographer.

Paleontologists from the Royal B.C. Museum have uncovered "a trove of extraordinary fossils" high in the mountains of northern B.C., the museum announced Thursday.

The search for a missing ancient 28-year-old chocolate donkey ended with a tragic discovery Wednesday.

The Royal Canadian Mounted Police is celebrating an important milestone in the organization's history: 50 years since the first women joined the force.

It's been a whirlwind of joyful events for a northern Ontario couple who just welcomed a baby into their family and won the $70 million Lotto Max jackpot last month.

A Good Samaritan in New Brunswick has replaced a man's stolen bottle cart so he can continue to collect cans and bottles in his Moncton neighbourhood.

David Krumholtz, known for roles like Bernard the Elf in The Santa Clause and physicist Isidor Rabi in Oppenheimer, has spent the latter part of his summer filming horror flick Altar in Winnipeg. He says Winnipeg is the most movie-savvy town he's ever been in.

Stay Connected