Is it better to buy or rent in Canada?

The decision to buy or rent depends upon a number of factors. This calculator will help you decide.

Helpful resources you can find on NBC.ca

What are the key elements in a rental agreement?

Any lease agreement should address key issues such as: 

  • names of landlord and tenant;

  • address of property;

  • security deposits;

  • monthly rent and what it does and does not include;

  • due dates for payment;

  • who is responsible for repairs;

  • notice of termination;

  • subletting rules;

  • terms for dispute resolution;

  • requirements for tenants and liability insurance.

How do I rent my first apartment or home in Canada?

There is a fairly common process for renting a property. This usually involves credit and reference checks, a rent deposit, and a formal lease agreement. The details of these issues are important and need to be clearly defined.