Here's what Trudeau says the Upcoming Federal Budget Will Offer Renters 1. Purpose: The bill aims to protect renters and empower them to negotiate fairly with landlords. 2. Key Measures: - Disclosure: Landlords? will be required to disclose rental price history for their properties to prospective tenants. -Legal Aid Fund: A $15-million fund will support provincial legal aid services to assist tenants facing issues like rising rent payments or bad landlords. -Credit Scores: Rental payments will be incorporated into Canadians? credit history, making it easier to qualify for mortgages or lower rates. 3. Challenges : Implementation may face resistance from provinces, but the federal government is taking steps to address housing affordability and tenant rights.
