Aug 5, 2021
To appease the middle and working poor classes, various versions of rent controls have been tried in Canada. Everytime, the dislocations in the marketplace come back to haunt both politicians and tenants.
Canada had a better economic plan, although it seemed to be concocted at the spur of the moment. Everyone who had some work in 2019 but didn't have work in 2020 (because of Covid) got $2000 a month for about six months. Most landlords got paid.