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31 Oct 2024

Are some rents in Canada part of a price-fixing scheme?

Author: admintech | Filed under: Finance/ Money
A blonde woman holds a sign that says 'Honk if you agree rent is too damn high!'

One large Canadian landlord has stopped using software to help set rent prices after CBC News began an investigation. The software is called YieldStar, and it’s under federal investigation in the United States and the subject of a lawsuit from the Department of Justice for collusion, price-fixing and artificially inflating American rents.