0:46

Richard Canfield (speaker) explains that many Canadian provinces (e.g., British Columbia, Ontario — and assumedly Quebec) have rent-control rules that limit how much and how often landlords can raise rents, which constrains cash flow. He discusses landlords using creative, non-rent ways (value-added services like paying for internet or hookups) to compete and reset tenant-market expectations, changing what tenants expect from offerings and affecting rental demand dynamics.

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