Like many young dentists, Ben Greff, 33, graduated from the University of Alberta’s school of dentistry in 2015 already several hundred thousand dollars in debt.
He landed his first job as an associate dentist at a rural practice in central Alberta, where he moved with his wife and four children. They were happy there, but Mr. Greff ultimately wanted to run his own practice, preferably in the city. “We’re just more city-type people,” he says.
That proved more difficult than he’d anticipated. Dental practice valuations in Canada’s urban centres have soared in recent years. “I’ve noticed an astronomical leap even since I started looking then and now,” says Mr. Greff, who did succeed in buying a practice in Calgary.
According to a 2014 report by the Canadian Dental Association, those rising prices are simply a function of supply and demand.
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