Understanding the 2025 Update to Security Deposit Interest Rates in Alberta: What Landlords and Tenants Need to Know Starting January 1, 2025, Alberta landlords will see a change in the annual interest rate they must pay on security deposits, dropping from 1.6% to 1%. This adjustment is a significant update for both landlords and tenants, impacting how security deposits are handled in the rental process. Let’s break down everything you need to know to stay informed and compl