This province is the new frontier of soaring rents in Canada

by Erica Alini

Double-digit rent growth in the Prairies has spilled beyond Alberta. The new frontier of Canada’s rental frenzy is now Saskatchewan.

The province topped the national ranking for steepest annual rental growth in April, with landlords there asking 18 per cent more on average for available units compared with the same month a year earlier, according to a report by real estate research firm Urbanation and rental platform Rentals.ca.

The No. 1 spot had, until recently, belonged to Alberta. Soaring rents spread from British Columbia and Central Canada to the Atlantic provinces and then to Western cities such as Calgary and Edmonton. Now that shift is in full display in Saskatchewan cities as well.

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