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Featured 2026.08.11

What Is a Security Deposit in Canada? Rules by Province .

Security deposit rules vary by province. See what Ontario, BC, Alberta, and Quebec allow — and common landlord mistakes that trigger penalties.

A security deposit is money held against unpaid rent or damage beyond normal wear. Rules vary by province: Ontario allows last month's rent only (no damage deposit), BC caps deposits at half a month's rent (plus optional pet deposit), Alberta allows up to one month in trust, and Quebec generally bans required deposits.

Portrait of Scott Dillingham
Scott Dillingham
Real Estate Investing 101

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