Tim Sargent on Canada
Tim Sargent on Canada's anemic growth and productivity: MLI in Parliament
The North in transition: Ken Coates in The Hill Times

Nova Scotia proposes two-year extension to five per cent rent cap until end of 2027 – Halifax [Video]

Categories
Nova Scotia News

The Nova Scotia government wants to extend its five per cent cap on rent increases another two years, but the province won’t create an enforcement unit to bolster its tenancy rules and regulations.

Service Nova Scotia Minister Colton LeBlanc said legislation tabled Friday would extend the cap — set to expire Dec. 31, 2025 — to the end of 2027. The five per cent ceiling, he said, balances the needs of landlords and tenants, both of whom are facing increased costs.

“We still strongly believe that the answer to the rental market challenges is more housing … but in the meantime we have to protect Nova Scotians,” the minister said.

Despite recent calls from landlords and tenants for a rental compliance and enforcement unit, LeBlanc said there are adequate protections under existing rules and regulations.

In 2022, Halifax-based Davis Pier Consulting was hired by the province to study Ontario’s enforcement …

Chris Rufo: Donald Trump is suddenly very popular with venture capitalists...
Chris Rufo: Donald Trump is suddenly very popular with venture capitalists...
The greatest threat to the Canadian Arctic is security, not sovereignty: Rob Huebert in The Hill Times