Nova Scotia's five per cent rent cap extended until 2027

NDP leader Claudia Chender was critical of the announcement, saying it was a “sad day” for the 300,000 renters across the province and calling the rent cap extension useless.

“I don’t think anyone is benefitting these changes,” said Chender. “We have a five per cent rent cap in name only.”

Chender said the province needs to close the loop on fixed-term leases, which leaves renters vulnerable to higher rent increases.

The NDP brought forward their own legislation, proposing when any fixed-term lease ends it would then transition into a month-to-month lease agreement if the tenant wished to remain at the lease site.

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