Province to subsidize Lions Place rent
Manitoba's provincial government is giving $1.2 million in rent relief for residents at Lions Place.
The province said in a news release that Manitoba Housing will be entering into a two-year rent supplement agreement with the new owner.
"The rent supplement provides a top-up between the market rent charged by a landlord and the rent a tenant can afford to pay, and will ensure rents do not increase for any Lions Place residents for the next two years while a new funding model is being developed," said the release.
The 287-unit apartment building at 610 Portage Avenue has been the centre of attention since its owner told residents late last year it would be selling the building.
Lions Housing Centres told CTV News in December that it had accepted an offer from an unnamed Alberta-based firm to buy the building and the deal could be done by the end of January.
Residents have held several rallies protesting the sale, saying they won't be able to afford rent when the new owner takes over.
The province said this new funding model will make sure vulnerable households are protected from unaffordable rent increases.
CTVNews.ca Top Stories
What to know about avian influenza in dairy cows and the risk to humans
Why is H5N1, or bird flu, a concern, how does it spread, and is there a vaccine? Here are the answers to some frequently asked questions about avian influenza.
'I was scared': Ontario man's car repossessed after missing two repair loan payments
An Ontario man who took out a loan to pay for auto repairs said his car was repossessed after he missed two payments.
opinion The special relationship between King Charles and the Princess of Wales
Royal commentator Afua Hagan writes that when King Charles recently admitted Catherine to the Order of the Companions of Honour, it not only made history, but it reinforced the strong bond between the King and his beloved daughter-in-law.
New Norad commander calls Canada's defence policy update 'very encouraging'
American troops will be spending more time training in the Far North, the new commander of Norad says, a strategy that fits 'hand-in-glove' with Canada's renewed focus on Arctic defence.
$70M Lotto Max winners kept prize a secret from family for 2 months
During a special winner celebration near their hometown, Doug and Enid shared the story of how they discovered they were holding a Lotto Max ticket worth $70 million and how they kept this huge secret for so long.
Are Canadians getting sick from expired food?
A new survey by Dalhousie University's Agri-Food Analytics Lab asked Canadians about their food consumption habits amid rising prices.
Documents reveal Ottawa's efforts to get Loblaw, Walmart on board with grocery code
It was evident to the federal government as early as last fall that Loblaw and Walmart might be holdouts to the grocery code of conduct, jeopardizing the project's success.
Charlie Woods, son of Tiger, shoots 81 in U.S. Open qualifier
Charlie Woods failed to advance in a U.S. Open local qualifying event Thursday, shooting a 9-over 81 at Legacy Golf & Tennis Club.
Improve balance and build core strength with this exercise
When it comes to cardiovascular fitness, you may tend to focus on activities that move you forward, such as walking, running and cycling.