Eligible Investments

The eligible investments for condominiums in Alberta are governed by Schedule 2 of the Regulations of the Condominium Property Act.

These include:

Securities of the government of Canada, its Provinces or municipalities. Securities of the governments of the United States and of the United Kingdom.
Bonds issued by a corporation incorporated in Canada, that are fully secured by assets such as real estate, land, plant and equipment and bonds. And the corporation has paid dividends on the preferred shares, and dividends on common shares and at least equal to 4% of the share value AND the bond is fully secured by a first charge on assets.
Preferred shares of Canadian corporations where the corporation has paid dividends on its preferred shares at the prescribed rate, and had earnings available for common shares, of at least 4% of the share value for each of the past five years.
Securities issued or guaranteed by certain international development banks
First mortgage on Canadian real estate where the mortgage does not exceed 75% of fair value, or the loan is CMHC insured).

For a complete list, please see the regulations