Affordability and housing

Building a community where everyone can afford a safe, comfortable home, and cost of living is manageable.

Overview and measurements

Affordable living and safe housing are vital to the security and stability of individuals and families. Targeted initiatives addressing the rising cost of living and enhancing housing options will help us support communities in building inclusive and accessible housing for everyone.
 

Increase housing starts<br>2024 state: 6,169<br>2025-2028: 24,000 total
Increase housing starts
2024 state: 6,169
2025-2028: 24,000 total
Increase affordable housing starts<br>2024 state: 422<br>2025-2028 goal: 1,760 total
Increase affordable housing starts
2024 state: 422
2025-2028 goal: 1,760 total
Lower the number of people experiencing chronic homelessness<br>2024 state: 1,050<br>2025-2028 goal: 621
Lower the number of people experiencing chronic homelessness
2024 state: 1,050
2025-2028 goal: 621

Commitments

A place to call home

  • Introduce a rent cap as part of a comprehensive update of the Residential Tenancies Act
  • Overhaul property tax to ensure stability and fairness.
  • Temporarily suspend the provincial sales tax (PST) on new multi-unit housing construction projects to promote the development of truly affordable housing as has already been done by other Atlantic provinces.
  • Work with companies to increase investments in made-in New Brunswick solutions like modular and offsite housing.
  • Model a Community Housing Retention and Expansion Pilot to fund housing in the non-profit and community sectors that support capacity building pre-construction costs, and acquisition.
  • Stop the degradation of public housing and invest in both the renovation and creation of new public housing.
  • Invest in long-term and sustainable core funding for transition homes and frontline domestic violence services, including women’s shelters and additional support services.
  • Provide funding for safety and accessibility retrofits for New Brunswick seniors and people with disabilities who wish to stay in their homes.


Affording the basics

  • Remove the provincial sales tax (PST) on electricity, providing 10 per cent relief from home energy bills.

    Progress and measurement: COMPLETE

    On December 11, 2024, government announced eligible residential electricity customers will receive a 10 % rebate on their monthly electricity usage beginning in January 2025. The amount of the rebate is equivalent to the provincial portion of the HST.

    Learn more about the rebate
  • Remove the provincial sales tax (PST) on electricity, providing 10 per cent relief from home energy bills.
  • Remove the carbon adjuster levy, saving you around 4 cents a litre at the pumps.
  • Implement a rent cap.

    Progress and measurement: COMPLETE

    Legislative amendments to the rent cap were introduced on November 20, 2024. As of February 1, 2025, rent increases will be capped at 3% annually.

    Learn more about renting
  • Ensure your children have breakfast and lunch at school.

Housing first

  • Provide wraparound services to those experiencing chronic homelessness, starting with housing, and support a community case management approach.
  • Work directly with municipalities and community groups already grounded in a housing-first approach and support their expansion.

Income support

  • Explore a plan for a basic income for New Brunswickers living with disabilities.
  • Increase the capacity of New Brunswickers receiving social assistance to participate in the workforce without financial penalty or loss of benefits.
  • Increase social assistance rates given the rising cost of food and housing, while ensuring regulations are not penalizing recipients.