In an online talk posted to YouTube by the Moncton Real Estate Investing Organization, more than two dozen apartment building owners and managers heard discussion about ways to get around rent-caps, an exercise they believe government knows about.
Changes have been made to the province's Business Corporations Act. The amendments introduced to the act aim to reduce fraud and money laundering in t.
The New Brunswick government may be relying on the goodwill of landlords to implement their rent cap before it’s even made law, but early indications are that it may not unfold smoothly.
N B rent control produces 55% increase for Bathurst senior cbc.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cbc.ca Daily Mail and Mail on Sunday newspapers.
New Brunswick is introducing legislation that would ban rent increases in the first year and restrict price hikes to once a year after that – but stops short of actually capping rent increases.