Halifax Regional Municipality’s proposed 8% tax hike for its upcoming budget will make the city’s housing crisis worse, said Kevin Russell, Executive Director of the Investment Property Owners Association of Nova Scotia.

With massive power rate increases looming and oil and gas prices going through the roof as winter approaches, smaller rental housing providers need emergency financial help from the government to stay open.

A new survey by the Investment Property Owners Association of Nova Scotia (IPOANS) is showing that the Nova Scotia government’s rent cap is making the province’s housing crisis worse.

Private sector rental housing providers are calling on the Nova Scotia government for emergency help as new inflation numbers continue to highlight an industry in crisis.

New inflation numbers released today by Statistics Canada reflect the financial distress for many of Nova Scotia’s 5,000 small rental housing providers.

Private sector rental housing providers are calling on the Nova Scotia government for emergency help as new inflation numbers continue to highlight an industry in crisis.

New inflation numbers released today by Statistics Canada reflect the financial distress for
many of Nova Scotia’s 5,000 small rental housing providers.

New inflation figures from Statistics Canada are the latest sign that rental housing providers
need immediate emergency help from the Nova Scotia government.

New inflation figures from Statistics Canada are the latest sign that rental housing providers need immediate emergency help from the Nova Scotia government.

What’s missing is enforcement and support for tenants
By Kevin Russell

More than 90% of investment property owners don’t believe the government’s promise that the 2% rent cap will be lifted at the end of 2023.

Laws that are supposed to protect property owners and tenants from abuse need better enforcement from the Nova Scotia government.

Over the last eight years, the value of apartment tax assessments has jumped 66 per cent, more than any other sector in the province.

The New Year continues to bring more of the same for Nova Scotia’s rental housing providers. Natural gas rates are going up by 43 per cent on January 31.

Because there are some new members to this Committee and to the Legislature, before I speak to Bill 30, I would like to share some background about IPOANS – the Investment Property Owners Association of Nova Scotia

Remarks on Bill 62

Law Amendments Committee

November 1, 2021

Kevin Russell, Executive Director of Investment Property Owners Association of Nova Scotia, issued the following statement about the Nova Scotia Election results:

Kevin Russell, Executive Director of Investment Property Owners Association of Nova Scotia, issued the following statement on today’s announcement from Premier Tim Houston and Municipal Affairs and Housing Minister John Lohr:

Nova Scotia’s NDP continues to make things up in its misinformation campaign against more than 5,000 small- and medium-sized landlords in the province.

NDP Leader Gary Burrill is not telling the truth about the impact of rent control across Canada, said Kevin Russell, executive director of the Investment Property Owners Association of Nova Scotia (IPOANS).

Gary Burrill and the NDP suggesting that investment property owners aren’t “real people” is inflammatory and divisive.

Nova Scotia investment rental property owners under attack from politicians and activist groups are now facing their best financed opponent yet: insurance companies.

Halifax Regional Municipality’s proposal to increase residential and commercial property taxes by 5.9% will be one more blow against rental housing providers, especially small business owner/operators.

Nova Scotia investment property owners are speaking out against notices of unfair rental increases being sent out to tenants.

Regardless of who wins the next election, Nova Scotia rental property owners are hoping for positive action to improve the availability of affordable housing for Nova Scotians.

False claims from activists about the impact of Nova Scotia returning to a highly regulated, market-based system of setting rents are putting housing solutions at risk.