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New Brunswick

Susan Holt

In office

Premier

Liberal Party of New Brunswick

542 days in office

The 61st Legislature of New Brunswick
02 Nov 2024 - Present

61th legislature of New Brunswick
02 Nov 2024

The 2024 New Brunswick general election was held on October 21 to elect the 49 members of the 61th Legislative Assembly of New Brunswick. The Liberal Party, led by Susan Holt, won 31 seats, forming a majority government.

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Promise History

Health and Social Policy

The 61st Legislature of New Brunswick

1.10.032 - Immediately introduce a rent cap [3%] as part of a comprehensive update of the Residential Tenancies Act.

Liberals promise 3 per cent rent cap if elected

Published: Nov 2024

Justification

We note that the rent cap will be maintained at 3% for the 2025-2026 fiscal year, then will be reviewed in May 2026.

“New Brunswick’s rent cap, introduced after the Liberals won last fall, will remain at three per cent for the 2025-2026 fiscal year, Housing Minister David Hickey announced in the legislature Wednesday. (…) When the rent cap was put in place, there was no expiration date, although the percentage is reviewed every year.”

N.B. rent cap will remain at 3% for another year, minister says

Published: Jun 2025

Justification

We consider this promise fulfilled given that the cap on rent increases has effectively been set at 3% per year.

“The New Brunswick government tabled legislation on Wednesday for a three per cent rent cap, to take effect Feb. 1, 2025”

It’s about balance': N.B. government introduces 3 per cent rent cap to start in February

Published: Dec 2024

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Justification

Traces of this promise can be found in the mandate letter addressed to the Minister of the NB Housing Corporation, David Hickey. Since mandate letters outline the objectives that each appointed minister is expected to fulfill during their term, we consider this promise to be ‘in progress.’”