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Tag Archives: Renters

Renters under pressure: When will the fever break in the hot rental market? – National

Ask the average renter and they can tell you: Canadian rents have soared in recent years. The latest data from Rentals.ca and Urbanation shows the average asking rent for all property types in May rose above $2,200 for the first time. That’s up 9.3 per cent year over year, the …

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New bylaw passed in Kitchener looks to provide protection for renters

Kitchener council approved a new bylaw on Monday that is intended to provide increased protections for renters. The bylaw will see landlords required to provide compensation options to renters when they look to demolish or convert properties with six or more rental units. The landlords will be forced to offer …

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Canada’s next wealth divide? It’s renters versus homeowners, RBC says – National

Persistent unaffordability in Canada’s housing market is widening the wealth divide between renters and homeowners, Royal Bank of Canada says in a new report. “Canadian renters are getting squeezed more than homeowners, making home ownership an even more distant dream,” report author and RBC economist Carrie Freestone writes. The RBC …

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‘Do I start packing?’: Manitoba renters struggle to keep up, demand change – Winnipeg

A woman living in Sage Creek, Man., was supposed to be retired and using her fixed income to travel. Now, she’s working hard to pay her rent each month, which increased by $200 in 2022. Rent increases like this, which are generally above the guideline set by Manitoba’s Residential Tenancies …

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Montreal renters are turning to apartment swapping amid ‘crazy’ affordability crunch

  This is the sixth instalment of New Roots, a series from Global News that looks at how evolving migration patterns and affordability challenges have changed life in communities across Canada since the COVID-19 pandemic. “Apartment swap only,” begins the advertisement for renter Adam Reider’s three-bedroom, ground-floor apartment in Montreal’s …

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Rental market report suggests increasing costs hitting Manitobans hard – Winnipeg

On average, Canadians are seeing an upward trend with respect to rent prices, and it’s a trend that playing out in a big way in Manitoba. Nationally, the average cost of rent was at its highest point last month when compared to the last three years – sitting at $2,042. …

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Renters in Hamilton are facing the toughest market since 2002: CMHC report – Hamilton

The rental market in Hamilton is as tough today as it has been in two decades with those seeking accommodation facing some of the lowest vacancy rates, rising prices and dwindling affordability, according to Canada’s housing agency. Canada Mortgage and Housing Corp.’s latest annual rental market report revealed the vacancy …

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ABC defends axing Vancouver Renter Office, citing ‘duplication of service’ – BC

In a move condemned by Vancouver’s two Green councillors and single OneCity councillor, the reigning ABC party has voted to close down the city’s ‘Renter Office’ during a housing affordability crisis, citing concerns over its efficiency. While it had no physical presence, the Renter Office had worked to advise tenants …

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Renters advocacy group calls for landlord licensing in Alberta

The provincial chapter of a tenant advocacy group believes landlord licensing could be the solution to many Alberta renters’ concerns about health and safety in their homes. According to Fable Dowling, a spokesperson with Alberta ACORN, a licensing program would ensure landlords would be charged a small fee per rental unit to license their properties …

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When your rental has dirty secrets — renters share tips on calling the health inspector

Braden Crane was stuck in a catch-22. The roof of his Whitehorn rental in Calgary had been leaking for more than a year and then the hot water heater quit. The father of one didn’t want his family living like that, but he was worried calling a health inspector would …

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