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Ottawa is now offering a one-time $500 payment to low-income tenants
While rising rental prices are straining many tenants’ budgets, some low-income tenants may be asking for a bit of a break.
The federal government is offering a one-time payment of $500 to help reduce the cost of housing.
To qualify, renters must be tax residents of Canada and at least 15 years old as of December 1. In 2021, your personal income had to be $20,000 or less, or your family income had to be less than $35,000. Applicants had to have filed 2021 tax returns and the amount of rent paid in 2022 must be at least 30% of your 2021 income.
There are additional rules if you have roommates, pay for meals, or pay rent to a relative.
To apply, visit your Canada Revenue Agency (CRA) account or My Service Canada Account.
While the federal government touted the payment as “immediate relief” for low-income Canadians, anti-poverty advocates told CBC News the relief would be short-lived.
“It really is a small drop in the ocean,” said Dania Majid, a lawyer at the Advocacy Center for Tenants Ontario (ACTO), pointing to the growing demand at food banks as more Canadians have struggling to pay their bills.
“It might help for a month, but what is the family going to do the next month?” Read more
The average price of a home in Canada is down again, dropping to $632,802 in November
That’s according to new figures from the Canadian Real Estate Association (CREA). The number of homes sold also fell, dropping nearly 40%.
Cold November weather typically pushes buyers to the sidelines at this time of year, but the market has been particularly frosty this year.
The average sale price of a home listed on CREA’s multiple listing service was $632,802. This is 12% less than a year ago and 22% less than the peak reached in February of this year.
That was before the Bank of Canada launched its aggressive rate hike campaign, which took the breath out of the market by making borrowing much more expensive. Read more
This story will make you think twice before renting your place on Airbnb
Cigarette butts, damaged furniture, clumps of strewn hair and blood were just some of the surprises awaiting Samantha Morahan when she checked out her basement suite in Calgary after renting it to a couple on Airbnb.
When the guests arrived, Morahan said she could immediately tell something was wrong, but relied on the fact that their Airbnb account was verified — even though the account was new and n had no existing reviews.
Morohan said she messaged guests about the smell of cigarette smoke coming from the unit before confronting them in person. Guests denied smoking, and Morohan contacted Airbnb. The rental platform told him to ask them to leave, let them stay, or call the police.
As the evening progressed, Morohan heard the pair fighting and becoming increasingly aggressive. Morohan chose to call the police.
But before authorities arrived, the guest came upstairs and started yelling at Morohan, accusing him of having an affair with his partner.
Eventually the police arrived and convinced the couple to leave.
Morahan and her husband have deleted their Airbnb account, but she says they will honor existing reservations for people they have reviewed and had conversations with.
“But other than that, we stopped our instant booking. We stopped everything.
Airbnb responded by saying that measures are in place when such situations arise, such as a 24/7 safety line available to all guests during active reservations, staffed by a team trained in de-escalation. dangerous situations.
He says there is also an AirCover program that provides $3 million in property damage protection. Read more
Happy Holidays!
We will be back with the newsletter and new surveys in January.
In the meantime, we wish you and your loved ones a happy holiday season.
See you in 2023!
What else is going on?
Average rents in Canada have climbed above $2,000 for the first time
And there are no signs of slowing down.
Stellantis recalls 1.25 million Ram pickups
Tailgates may not close completely and cargo may tip over on the road.
This child’s doctor is 2,800 km away
For 10 years, the family traveled from Clyde River, Nunavut, to Ottawa as their medical needs grew more complex.
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