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New Brunswick's minister responsible for housing says landlords who have been told by the Residential Tenancies Tribunal they can raise rents on tenants above 7.3 per cent for 2023 without spreading the increase over two or three years are having those decisions reviewed and reversed if necessary.
Loopholes in a rule meant to guard New Brunswick tenants from large rent increases in a single year have rendered the protection useless for many renters, especially long-term tenants, figures are beginning to show.
Tenants fighting large rent increases at New Brunswick's Residential Tenancies Tribunal have been scoring some important wins since rent caps ended in January. And there are lessons in the results for both renters and landlords.