--- title: "Canada: investigation closure and class-action discontinuance" language: en canonical: https://osint.v3rta.com/dossiers/realpage/canadian-proceedings/ as_of: 2026-10-10 keywords: ["RealPage","Thoma Bravo","rental software","revenue management","YieldStar","Lease Rent Options","AIRM","rental housing","antitrust litigation","Stephen Winn"] --- # Canada: investigation closure and class-action discontinuance **Question.** What happened to the Canadian investigation and proposed class action? **Answer.** The Competition Bureau closed its investigation, and the proposed Ontario class action ended before certification; neither result was a U.S. merits ruling. ## A market-specific enforcement conclusion - Analysis: Canada’s Competition Bureau investigated RealPage Canada and Yardi Canada over rental-pricing software. In November 2025 it discontinued the civil investigation because the products were not found sufficiently widespread to substantially harm competition and the evidence did not support the investigated theories. That conclusion concerns the Canadian market and the evidence examined by that regulator. [s-d78] - Documented: On 10 November 2025, Canada’s Competition Bureau discontinued its civil investigation of RealPage Canada, Inc. and Yardi Canada, Ltd. It found the products insufficiently widespread in Canada to substantially harm competition and insufficient evidence for the investigated dominant-position or collaboration theories. [s-d78] - Qualification: This was a jurisdiction- and evidence-specific enforcement decision, not a ruling about U.S. markets or all uses of pricing software. - Analysis: The result cannot be used to infer either a U.S. antitrust violation or a comprehensive clearance of every algorithmic-pricing practice. Product penetration and market conditions differ, and the Bureau’s disposition did not adjudicate the distinct U.S. proceedings. [s-d78] [s-d111] [s-d75] [s-d95] - Documented: The court’s later memorandum and retained docket entry state that a final judgment resolving the United States’ claims against RealPage was entered on 19 May 2026. It did not prevent non-settling state attorneys general from maintaining their own claims. [s-d111] [s-d75] [s-d95] - Qualification: The retained proposed decree expressly disclaimed trial, adjudication and admissions; its terms are not a merits finding. The complete entered document 194 was not independently compared clause-by-clause with that proposal. - Response: RealPage maintained that its conduct was lawful. - Outcome: On 30 September 2026 the court rejected dismissal of the remaining state claims at the pleading stage. ## The private action ended without certification or trial - Analysis: The early reported class-action account named RealPage Inc., while the later notice identifies Cynthia Black v. RealPage Canada Inc. and gives the Ontario court reference. Keeping the names separate avoids turning a reporting shorthand into an unsupported corporate-identity merge. RealPage disputed the allegations and said its software covered no more than 1% of the Canadian rental market; some landlords also denied using it. [s-d265] [s-d277] - Attributed: A proposed Ontario class action alleged anticompetitive use of rental-pricing software. Plaintiff counsel’s retained notice states that the Ontario Superior Court approved discontinuance of Cynthia Black v. RealPage Canada Inc., CV-24-00732002-00CP, effective 1 April 2026, before certification. [s-d265] [s-d277] - Qualification: The early reported account named RealPage Inc.; the later case notice names RealPage Canada Inc. Those corporate identities are not silently merged. - Response: RealPage said its software never served more than 1% of Canada’s rental market; several landlords also denied using the software. - Outcome: The action would not proceed to certification or trial. Counsel said proposed class members’ rights to pursue their own claims were unaffected; there was no merits determination. - Analysis: According to the retained notice from plaintiff counsel, the court approved discontinuance effective 1 April 2026. The case would not proceed to certification or trial, and proposed class members retained their ability to pursue their own claims. Discontinuance ends that action; it is not a judgment proving or disproving the substantive allegations. [s-d265] [s-d277] ## Sources - [s-d78] Competition Bureau position statement on rental-pricing investigation, November 2025, Competition Bureau Canada - [s-d111] Court record source · s-d111 - [s-d75] United States v. RealPage: proposed final judgment and competitive-impact statement, December 2025, Federal Register / U.S. Department of Justice - [s-d95] Court record source · s-d95 - [s-d265] Media source · s-d265 - [s-d277] Court record source · s-d277