Debates of February 14, 2005 (day 35)
Member’s Statement On Need For Rental Controls
Thank you, Mr. Speaker. Later today, at the appropriate time, I will be tabling, on behalf of the residents of Inuvik, a petition related to the need for improved rent control legislation to protect the residents of the Northwest Territories from unreasonable rental increases. Our economy is booming, particularly in Inuvik and Yellowknife. With the boom, the price of rental accommodation is rising on an annual basis. Some of these increases are for legitimate things like power and electricity costs, but some increases, Mr. Speaker, seem to be only to take advantage of an over-stimulated economy. One of the problems is that as rental rates rise more and more, the working people will have a problem in making their rent payments and may have to rely on the social safety network.
Mr. Speaker, for this reason and for others, I urge the Department of Justice to examine the Residential Tenancy Act and make sure that it protects tenants from unreasonable rent increases while ensuring that landlords have the ability to recover their costs. Thank you, Mr. Speaker.
---Applause