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For a continuation of efforts aimed at preserving the affordability and sustainability of the rental
Press Releases
Following the tabling of the Quebec government’s 2026–2027 Budget, the Corporation des propriétaires immobiliers du Québec (CORPIQ) takes note of the proposed measures and reiterates that the private rental housing stock is a central pillar of Quebec’s housing model in addressing economic and social challenges.
(Photo by Sylvain Roy Roussel, Radio-Canada. Quebec Minister of Finance, Eric Girard)
Encouraging the renovation of the country’s oldest rental housing stock
CORPIQ regrets that its proposal to introduce a tax credit for energy-efficient renovations of rental housing was not adopted, but welcomes the investments made in the Rénoclimat program, including the Adaptation and LogisVert components.
CORPIQ intends to continue working with the current government and opposition parties, as a major renovation effort is needed to preserve the existing housing stock. CORPIQ highlights that:
- Quebec’s rental housing stock is among the oldest in Canada;
- more than 70% of buildings are over 40 years old;
- 10% of units require major renovations.
“Renovating the rental housing stock is one of the fastest and most effective ways to preserve the supply of affordable housing and improve energy efficiency,” says Éric Sansoucy, CORPIQ spokesperson.
Supporting vulnerable households with rapid assistance
CORPIQ welcomes the renewal of the Rent Supplement Program (PSL) at $158.9 million, but would have liked to see a more significant increase in funding. The government is also adding $21.4 million over three years to fund 1,000 new Rent Supplement Program units, in order to prevent situations where people find themselves without housing, particularly ahead of July 1.
“To prevent homelessness and support vulnerable households, the PSL is one of the fastest tools to implement, as it leverages the existing rental housing stock and provides support to both tenants and landlords,” adds Éric Sansoucy.