The Construction Association of P.E.I. says the provincial housing minister's goal for the Island's vacancy rate to go from less than one per cent to four per cent within two years won't be achievable without the addition of more skilled tradespeople.
A release from Canada Mortgage and Housing Corporation showing a big drop in P.E.I.’s apartment vacancy rate is concerning but not surprising, says provincial Housing Minister Matthew MacKay. He predicts 'a significant amount of building starts' this spring.
P.E.I.’s Department of Social Development and Housing says Island landlords will have to choose between a rebate package to offset their property taxes in 2023, or raising rents for their tenants.
A property tax rebate announced by the P.E.I. government Tuesday for landlords will not come close to covering losses from inflation, says the Residential Rental Association of P.E.I.
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