Union urges public sector pension fund not to pursue rent increases, mass evictions at Toronto apartment buildings

The Public Sector Pension Investment Board and Starlight Investments are moving to evict up to 100 tenants who have been withholding payments in protest against proposed rent increases.

Up to 100 tenants in a 944-unit rental complex in Toronto are now facing eviction proceedings because of their ongoing eight-month rent strike against proposed above-guideline rent increases of approximately 10 per cent over two years. According to an ATIP from 2020, the building is owned by a public servants' pension fund.Photograph courtesy of Allan Vega/Unsplash

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BY KEVIN PHILIPUPILLAI

December 21, 2023

A union representing federal public servants says the pension fund that manages its members’ retirement savings has joined with one of Canada’s largest real estate firms to evict tenants who are resisting proposed rent increases at three rental apartment buildings in Tor...

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