Since before the election, New Democrats have been hearing from seniors who have been seriously hurt by the Liberal government's unacceptable decision to claw back the Guaranteed Income Supplement (GIS) from seniors who received emergency pandemic supports such as CERB. The NDP brought the issue directly to the attention of the Ministers before the election, sadly they just ignored it. For months, we continued to call for the government to fix this injustice immediately by excluding pandemic benefit benefits in the calculation of GIS eligibility.
City TV: Concerns raised about rising cost of rentals for low-income earners: Vancouver MP
A Vancouver NDP MP is sounding the alarm when it comes to rent-geared-to-income housing units, saying incoming changes by the federal government will lead to a severe shortage within the affordable housing market in this country.
Vancouver East MP Jenny Kwan says she’s learned that as of March 31, 2028, Ottawa will be cutting subsidy funding to non-profits that operate buildings that include units for those on a fixed income. Once those suites are vacated, she says the price of those units will be bumped to market rates.
For example, a rental suite that’s going for $650 right now could be increased to $1,800 or more.
Kwan adds these changes are happening right now at some buildings in Metro Vancouver as non-profits try to bank money to prepare for their funding to be slashed in the future.