http://gov.ab.ca/acn/200705/213854E1...D47794A49.html
From the looks of this there's recourse if they up your rent without three months notice and then convert to a condo within a year after that. Therefore should this happen they would owe you legal remedies. Not sure if there is any teeth vis-a-vis rent gouging as an incentive to get everyone out before that one year.