Everyone understands that "landlords need to make money," he said, but there should be reasonable limits on rent increases. Following two incidents of double-digit rent increases, one in October and another in November, Service New Brunswick Minister Mary Wilson said that large rent increases are rare and do not require government regulation. An email to the province's communications department requesting comment on the High Street rent increases was not responded to. "This is a very unfortunate isolated situation," Wilson said of the 50 per cent increases in Lincoln. Aditya Rao is with the New Brunswick Coalition for Tenants Rights and says renters in New Brunswick need protection from sudden and excessive rent increases.
Source: CBC News December 31, 2020 09:56 UTC