No. And if you are arriving from Ontario or British Columbia, that single fact is worth five figures at closing.
Alberta charges no land transfer tax. What you pay instead is a Land Titles registration fee, which is a small administrative charge rather than a tax.
The registration fee is $50 plus $5 for every $5,000 of property value. On a $700,000 purchase that is roughly $750. There is a separate, similarly structured fee to register a mortgage.
By comparison, land transfer tax on a $700,000 home in Ontario or British Columbia runs into five figures — and in Toronto a municipal land transfer tax applies on top of the provincial one. For a relocating family this is frequently the largest single difference in the cost of closing.
Alberta is also the only province with no provincial sales tax — you pay the 5% federal GST and nothing on top. That does not affect a resale home purchase, but it affects everything you buy to put in it.
We mention this on almost every relocation call, because buyers arriving from Ontario or BC have usually budgeted for a land transfer tax that does not exist here. It is a pleasant conversation to have.