PC MLA Darlene Compton is calling on the MacLauchlan Government to immediately cancel the residential rental rate increase IRAC announced Tuesday.
Compton says she can’t believe that in the face of the housing crisis, Government is allowing the largest rental rate hike in six years. She says it’s an example of senior officials being completely out-of-touch with the realities that Islanders are facing.
IRAC gave the go-ahead to maximum allowable residential rent increases for next year of 1.5% to 2%.