Whether the last month’s rent be either June or December or February, some tenants decide not to pay their last month’s rent.
Even if the rent is unpaid, the tenant may vacate at the end of the lease. Unfortunately he is not obliged to pay the rent. But he remains nevertheless accountable and a case for non-payment of rent can be opened at the Régie du logement.
Each time we approach July the 1st, journalists turn their attention to the cause of the owners.
It is a time that allows us to put forward the problems experienced by owners and the inconsistencies in the law.
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.
According to Statistics Canada (National Household Survey), immigrants in Montreal are renting at more than 61% of their total number and more than 45,000 immigrants have arrived this year.
The immigrant clientele is therefore a clientele that occupies a large part of the rental units, and they remain for several years in this kind of housing.
Canada Mortgage and Housing Corporation (CMHC) released today the results of its latest retirement home survey. According to the survey, the vacancy rate for standard spaces (1) decreased in Quebec in 2014. It amounted to 7.5 per cent in February, compared to 8.7 per cent over the same period in 2013.