
N.B. rent cap will remain at 3% for another year, minister says
New Brunswick’s rent cap, introduced after the Liberals won last fall, will remain at three per cent for the 2025-2026 fiscal year, Housing Minister David Hickey announced in the legislature Wednesday. “Many landlords can be incredibly creative when it comes to getting their money,” said Nichola Taylor, chair of ACORN New Brunswick, a tenants’ advocacy group. “So we need to make sure that these loopholes are closed and that tenants have better protections in this province.” She said the cap has brought stability and been a “breath of fresh air” for renters, but she’s also looking forward to the fall review.


