Local leaders ask parties for pledges to protect, expand rental housing
OTTAWA — Canada’s municipal leaders are asking federal parties to not only build new affordable rental units, but pledge to protect ones on the verge of disappearing.
As an election campaign plays out across the country, the Federation of Canadian Municipalities has said it’s seeking money to help cities and housing providers buy low-rent units that could fetch a far higher price.
Often, that is done through the process of “renoviction” where a landlord removes a tenant, makes upgrades and then lists the unit at a higher price.
The issue is one of several that the federation has put forward for parties to consider as part of billions in hoped-for spending to expand affordable housing options.