Service Nova Scotia Minister Colton LeBlanc says legislation tabled today would extend the cap — set to expire Dec. 31, 2025 — to the end of 2027.
The rent cap in Nova Scotia has increased from two to five per cent as of the new year. But with the affordability and housing crisis still rampant, some residents are worried about the impact this could bring. Amber Fryday reports. – Jan 2, 2024
The Nova Scotia government is proposing to extend its five per cent cap on rent increases another two years. LeBlanc says the five per cent ceiling balances the needs of landlords and tenants, both of whom are facing increased costs. Other proposed changes would allow landlords to issue eviction notices three days after rent is due instead of 15 days, while tenants would be prohibited from subletting units for more rent than they are currently paying.For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen.
As well, the bill proposes clearer conditions for landlords to end a tenancy, such as criminal behaviour, disturbing fellow tenants, repeated late rental payments and extraordinary damage to a unit.LeBlanc says his department decided against creating a rental compliance and enforcement unit, saying there are adequate protections for tenants under existing rules and regulations.Protesters call for fixed-term lease ban during rally at N.S.
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