N.B. tenant rights group demands extension of temporary rent cap
Fletcher sees a bit of positivity in that no commitment has been made yet, hoping that the government is still discussing the rent cap extension but time is running out.‘The world gets a little bit harder’: Inflation cools slightly, high food prices eat at Canadians’ bottom line
“There definitely needs to be more that is done to encourage more rent supply,” he said in an interview on Tuesday. “I think the biggest problem is at 1.7 per cent vacancy, and I would say once CMHC does their reporting again in January we’re probably going to go down on that … the problem is we don’t have enough and in the meantime costs are going up.”Inflation is a problem, Scholten said, both for loans and building supplies.
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