Rent freeze coming to N.B. tenants

Tenants in New Brunswick should be seeing a three-year freeze on rents starting next year, the finance minister announcedduring the provincial budgetspeech Tuesday.

In New Brunswick, homeowners pay a municipal tax on the building in which they live, but if the building they own is a rental property, aprovincial tax is also applied.

In effect, the owner is taxed twice on his or her property, so most landlordsadd theextra payment onto the rents they charge.

Finance Minister Blaine Higgs said Tuesday theAlward government is "delivering on a platform commitment to make the property tax system fairer and more effective for the long-term."

Landlords have been fighting what they call double-taxation since 2005and the group representing apartment owners said its positive news for renters.

WillyScholten, of the New Brunswick Apartment Owners Association, said his group has been talking to the government about how to get that money back to the tenants.

"Instead of having the annual increases that tenants are seeing because of costs continuing to go up, the tenants would see three years of a rent freeze. So, in effect, at the end of the day, the tenant would have that back in their pocket," he said.

Scholten said heexpects the province will enforce that rent freeze.

"I would see the government not giving up the revenue without some sort of legislation to make sure that it does happen. And we would support that."

With that legislation, any tenant whose rent is increased over the next three years could appeal to the provincial rentalsman, Scholten said.