Liberal Opposition calls on King Government to remove cap on rebates on new rental builds

Liberal Opposition Leader Hal Perry says the King government’s announcement to cap rebates on new rental builds is nothing short of a missed opportunity to help Islanders.  Perry says that as Islanders drown in a housing crisis, Government chose to cap development rebates for new rental housing builds. He says the restrictive policy will strangle the very development desperately needed in the rental housing sector. The Opposition Leader says adding a cap for PEI will make the province less attractive for new rental developments.  Perry is calling on the government to remove the cap so that the province can be competitive with its neighbours.