September 12, 2017
Mission City Record
Katya Slepian
Lack of budget help for young B.C. renters ‘problematic’
Affordable rent advocates are among those who are surpised at Monday’s provincial budget update from the BC NDP.
The party had campaigned hard on a $400 annual rebate for renters if elected last spring, but no such cash was included in the update. Instead, $291 million over two years was set aside to build housing for the homeless, and another $208 million for 1,700 affordable rentals for lower-income families and seniors.
“I’m a little surprised they didn’t do it,” said Generation Squeeze founder Paul Kershaw. “They tabled a ‘wait for February’ budget update.”