Tenants’ advocates warn of landlords ‘double dipping’ into green retrofit fund without greater transparency or strings attached

A recent survey by ACORN Canada found more than half of Alberta-based Avenue Living property tenants saw rent increases of between $300 to $600 following its June 2022 financing agreement with the Canada Infrastructure Bank for energy-efficient retrofits.

The 2024 budget announced $458-million to provide low-interest loans and grants for energy-efficient affordable housing retrofits, and $800-million over five years to launch a new Canada Greener Homes Affordability Program to support the direct installation of energy efficiency retrofits for Canadian households with low- to median-incomes.The Hill Times photograph by Andrew Meade

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BY STUART BENSON

April 24, 2024

The latest federal budget offered potential relief for many low- to moderate-income Canadians concerned with rising rents and potential evictions, but tenant advocates say that without significant conditions attached to the billions of dollars on offer for energy-efficient r...

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