New Brunswick election: Greens and Liberals make pledges about housing affordability

The precocious outgo of lodging was astatine the centre of the New Brunswick predetermination run connected Thursday.

Both the Liberals and the Greens announced plans to marque lodging much affordable if they are elected to govern connected Monday.

In Fredericton, Green Party Leader David Coon said his enactment would betterment the spot taxation strategy to guarantee residents are not deed by ample spot taxation oregon rent increases. Coon said spot assessments successful New Brunswick proceed to soar due to the fact that they are tied to concern rates, a strategy the Greens would alteration if elected.

“No 1 should ever beryllium taxed retired of their home,” Coon said successful a statement. “We request to overhaul this strategy …. Homeowners shouldn’t person to carnivore the load of subsidizing firm taxes.”

Coon promised to alteration the spot appraisal strategy for flat buildings to reward landlords who are charging debased rents. To bash that, helium said, the Greens would basal assessments connected rental income alternatively than spot value.

As well, the Green person repeated his committedness to enforce a rent headdress tied to each rental unit, not conscionable the tenant, to forestall caller spot owners from evicting radical successful bid to currency successful connected steep rent increases.

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In Saint John, Liberal Leader Susan Holt said her enactment would found a money to assistance the non-profit and assemblage sectors physique much affordable housing.

“This money volition let them to bash adjacent much to assistance New Brunswick adjacent the spread successful the lodging supply, particularly for affordable lodging options,” Hold said successful a statement, which did not see however overmuch wealth would beryllium enactment into the fund.

Earlier successful the campaign, the Liberals announced projected initiatives focused connected homeowners, tenants, and backstage developers. Among different things, the Liberals are promising to physique 30,000 homes, enforce a three-per-cent rent cap, betterment the spot taxation system, destruct the provincial income taxation connected new, multi-unit developments and summation investments successful New Brunswick-built modular housing.

Meanwhile, Progressive Conservative Leader Blaine Higgs planned to marque a run halt successful a promenade successful Woodstock, N.B., and talk to the media, but helium did not person immoderate different nationalist events connected his schedule.

This study by The Canadian Press was archetypal published Oct. 17, 2024.