Canada's biggest city challenged to confront its 'renoviction' problem RealEstate Economy
Last week, Abigail Bond, the executive director of Toronto’s housing secretariat, published a report that called on the provincial government to tie rent control regulations to units rather than the tenants who live in them, which she argued would make it harder for landlords to jack up rents under the guise of renovations.
Many provinces have rules in place that limit rent increases. However, one way around those regulations is to renovate a property, and then put it back on the market at a higher rate. Often, existing renters find themselves unable to pay the higher price and are forced to move. Mayor John Tory’s office didn’t return a request for comment on the Bond report, nor did a spokesperson for Ontario Housing Minister Steve Clark.
Robert Patterson, a spokesperson for the Tenant Resource & Advisory Centre in British Columbia, said he has seen the negative effects of “renovictions” due to “vacancy decontrol,” observing that, “B.C. has experienced a ‘renoviction’ crisis and the problem is that it can affect so many tenants at once. Often dozens of people are evicted at once for renovations.”
Although Patterson said that he has seen fewer “renovictions,” he has observed an increase in renters receiving RTB-32 notices, which allow landlords to evict tenants to make way for a relative or person who will be providing care for another resident of the building.
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