N.S. Government extends 2% rent cap until Dec. 31, 2023

The Nova Scotia government is enshrining the current two per cent cap on rental increases in law until Dec. 31, 2023, as part of an ambitious plan intended to address the province’s housing crisis.

Premier Tim Houston and Housing Minister John Lohr made the announcement during a news conference in Halifax on Wednesday.

Houston said the effects of a lack of available housing are clear, as is the situation with homelessness that’s resulted in tent cities popping up in parts of Halifax Regional Municipality.

Continue reading this article: https://www.cbc.ca/news/canada/nova-scotia/nova-scotia-government-housing-announcement-1.6217778


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