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A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Monday, July 6, 2020

Saskatchewan's landlords are being crushed by unpaid rent

Since April 1, landlords in Saskatchewan have run into arrears totalling more than $30 million, according to the province’s premier organization for landlords.

Cameron Choquette, executive officer at the Saskatchewan Landlord Association, said that while the group supports the residential eviction ban that has been in place since March, there might be some unscrupulous individuals cheating the situation.

“The eviction ban is currently empowering people to take advantage of the ban, and that’s where our concern lies,” Choquette told CBC News. “About two-thirds of the arrears in June, or around $4 million, were attributed to tenants who were deliberately not paying rent and taking advantage of the current eviction moratorium.”

Choquette pointed at delinquency statistics to support his point: When the COVID-19 pandemic took hold in March, around 20% of tenants were not paying rent. This proportion dwindled to approximately 10% in May and 8% in June, largely due to federal financial assistance programs.

Boyd Godfrey has expressed dismay at the situation. His three rental properties and rents to six tenants were intended to help him remain liquid in his later years, but he said that one of his tenants has not paid rent for the duration of the coronavirus outbreak.

The Saskatoon native’s unpaid rent total has reached $10,000 as of last week.

“It’s ridiculous,” Godfrey said. “The government has stopped us from being in a position to evict residential tenants but they're expecting the landlords to cover the cost of it.”

MBN

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