Jenny Kwan

a white apartment under construction with a crane in the foreground.
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NDP proposes new housing plan to lower rent and stop renovictions

Peak Web June 27, 2023

By: Isabella Urbani, Staff Writer On May 26, the New Democratic Party (NDP) announced their latest housing plan, which focuses on lowering rent and ending renovictions across Canada. Approximately 30% of rental homes are owned by corporate landlords in Canada, who use the guise of renovations to evict renters and subsequently increase rent, so tenants can no longer afford to live there. “Undervalued” homes, which are typically rented by marginalized communities, are the main target for these renovations because tenants often can’t meet new rent increases due to being on fixed incomes or  working low income jobs. The NDP’s last…

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