Yeah, I am in Calgary, and the general consensus seems that it is quite legal as long as they do not increase more than twice a year and give you at least three months notice. Unfortunately our city has a big "boom" which means everything is going up in price all the time because if the people who are here can not afford it, the next in line will basically. The inflation rate is a solid 5% (Toronto's is around 2.5). I am still bitter, but there are no vacancies in the city for anywhere near what I am paying, so I guess I should be glad. Just do not like paying 14 months rent for 12 months. To top that off, I started doing my income taxes hoping to get a bit back and found that this year I owe $268. But get this, if I had made $800 less last year, I would have had a refund of $1221! Just on the wrong side of a bracket, I guess. Just the way the cookie crumbles, I guess-but what a mess! Not angry/sad anymore. Just annoyed.
(here is a quote i found:
Last year I did some research into Alberta's laws relating to tenants and landlords. A quick Google gives most of the same information: Landlords can increase rent at the end of the lease by any amount they choose, regardless of if the lease allows the tenant to move to a monthly lease. This is radically different than other provinces, for instance in Ontario, the maximum rent increase in 2005 was 1.5%, in 2006 it is 2.1%. The Globe and Mail is running an article claiming that homelessness is up 32% from 2004 in Calgary, blaming the "red hot economy". Tenants in some parts of the city have received notice that their rent will triple in the coming months. This is unacceptable, but unfortunately unsurprising.)