Minister has no plans to address so-called fixed-term lease loophole

Nova Scotia’s minister responsible for the Residential Tenancies Act, Jill Balser, recently denied allegations that her government is providing landlords with a way around the provincial rent cap. However, she also confirmed that there are no current plans to address the abuse of fixed-term leases in the province.

Balser, speaking to reporters after a cabinet meeting in Halifax, emphasized the government’s focus on maintaining a stable housing market. She stated that the rent cap had already caused disruptions, and further changes could negatively impact supply, especially at a time when vacancy rates are improving.

“We are prioritizing the issue of supply in the housing market,” Balser explained. “Ensuring that Nova Scotians have options and choices when it comes to finding housing is our main goal.”

The minister highlighted that renters now have more choices regarding where to live, with some landlords offering incentives to sign leases as vacancy rates increase. Balser emphasized the importance of tenants asking questions and understanding their lease agreements before signing. She reassured residents that the residential tenancies program is available to assist those who feel their rights are being violated.

Under the current provincial rent cap, rent increases are limited as long as a tenant with a periodic lease resides in a unit. However, concerns have been raised by housing advocates about landlords switching tenants to fixed-term leases to circumvent the cap.

Interim Liberal Leader Derek Mombourquette criticized the government for not taking action to address issues with fixed-term leases, stating that there is no excuse for allowing abuse to continue unchecked. NDP housing critic Susan Leblanc echoed these sentiments, expressing concern for vulnerable tenants who face uncertainty when fixed-term leases expire.

The debate surrounding fixed-term leases underscores the challenges faced by both tenants and landlords in Nova Scotia’s housing market. As the government navigates these complexities, the focus remains on balancing the needs of renters and property owners to ensure a fair and sustainable housing environment for all residents.