Richard CanfieldPodcast Host and IBC Advisor, Ascendant Financial · Authorized Infinite Banking Practitioner | Author of 4 Books

Tenant Rights in Quebec Real Estate

9 May 2024 · 1 min

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Short interview excerpt contrasting real estate transactions in Quebec with the rest of Canada. The speaker notes that financing is largely similar across Canada but transactional processes differ (Quebec uses notaries instead of attorneys) and that Quebec is relatively tenant-friendly with a strong administrative tribunal handling disputes. Historically, Quebec has a higher proportion of tenants versus owners.

Chapters

Can you share with us what is the difference for you doing real estate business in Quebec?
I've never done a transaction outside of Quebec, so I don't really know how it is elsewhere. However, now, luckily, most of the financing is the same throughout Canada. There are differences in terms of the transactional process. I think in the rest of Canada, it's with the attorney. Here, we do it with a notary. And then there's obviously different organizations that are involved. Quebec is fairly tenant friendly. We have a fairly strong organization called l', tal, the Tribunal Administrative du Losing Court that resolves disputes that may arise. And historically, Quebec has been a very pro tenant, and a strong proportion of the population is tenant versus owner. I think in the rest of Canada, it's a little bit more owner. In Quebec, it's been fairly tenant.