P.E.I. declares moratorium on ‘renovictions’ for 2 years
In midst of housing crisis, province limits ability for landlords to turf tenants for renovations
Politicians from all parties have acknowledged that the practice, allowed under the province’s Rental of Residential Property Act, is sometimes used by landlords to skirt around provincial rent controls.
“What it means is that, immediately, there is a halt on people coming home and finding eviction notices taped to their door… because the landlord wants to paint their apartment and then rent it again for a higher rent,” said Green MLA Hannah Bell, an Opposition member who sponsored the bill that passed in the legislature Wednesday.
Annual rent increases in P.E.I. are capped by the Island Regulatory and Appeals Commission. For 2021, the maximum allowable increase was one per cent. The same limit has been set for 2022… [Read More]