Tuesday, January 1, 2013

Defence Department sets rent increase cap for some members at military housing

HALIFAX - The federal government has put a cap on rent increases for newer serving members at Department of National Defence housing units across Canada.

Defence Minister Peter MacKay says a rent increase limit of 2.21 per cent for the 2013-14 fiscal year has been set for some privates and officer cadets effective April 1.

MacKay says rent will also not increase at the 4 Wing Cold Lake military housing units in Alberta, which was set to swell by about nine per cent next year ? about $92 a month.

MacKay says the cap attempts to provide parity for members in lower earning brackets who often seek housing outside the military because it's more affordable.

A news release says monthly rent for privates has increased 27 per cent over the past 10 years, while officer cadets saw a similar increase at 25 per cent.

There are more than 12,500 military housing units in 28 locations across Canada.

Source: http://www.cumberlandnewsnow.com/Canada---World/News/2012-12-30/article-3148628/Defence-Department-sets-rent-increase-cap-for-some-members-at-military-housing/1

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