• P.E.I. got cash to crack down on short-term rentals — but did it help boost the housing supply?

  Source: Prince Edward Island - Regional News
  Date: 2026-10-24 09:00:00.0
  Tags: [Prince Edward Island, Housing, Affordability, Tourism, Governance]

  Tourism P.E.I. utilized federal funding from the Short-Term Rental Enforcement Fund to establish an inspection unit targeting unlicenced short-term rentals across Prince Edward Island. During its first year of operations, the enforcement unit identified 242 illegal short-term rental operations, which represented 10 per cent of the province's licensed tourism accommodations. Of those identified operations, the provincial government reported that 164 have subsequently ceased operating or transitioned into long-term housing options. However, housing advocates and municipal officials note that determining whether these regulatory enforcement efforts have measurably boosted the available year-round housing supply remains inconclusive.

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• Maximum rent increase for P.E.I. tenants set at 2.1% for 2027

  Source: Prince Edward Island - Regional News
  Date: 2026-09-23 23:30:00.0
  Tags: [Prince Edward Island, Housing, Affordability, Economy]

  The Prince Edward Island Director of Residential Tenancy has set the maximum allowable annual rent increase at 2.1 percent, effective January 1, 2027. The decision followed a review of 85 submissions from landlords and tenants, balancing tenants' cost-of-living concerns against landlords' rising operational expenses, maintenance costs, property taxes, and interest rates. Under provincial law limiting maximum increases to three percent, landlords may apply to the P.E.I. Rental Office for an additional increase of up to three percent above the baseline cap, permitting a maximum possible increase of 5.1 percent in 2027. Landlords are restricted to raising rent once every 12 months and must provide tenants with three months' notice.

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• Summerside mobile home park residents to challenge their eviction notices at IRAC

  Source: Prince Edward Island - Regional News
  Date: 2026-09-23 09:00:00.0
  Tags: [Prince Edward Island, Municipal, Housing, Affordability]

  Residents of the 57-lot Evergreen Village mobile home park in Summerside, Prince Edward Island, are challenging eviction notices issued by landlord Clifford McQuaid at an upcoming Island Regulatory and Appeals Commission (IRAC) hearing scheduled for November 5. The tenants allege that proper statutory processes and government documentation were not filed and that the evictions constitute bad faith, while the landlord states that current rental rates fail to cover operating expenses and that allowable provincial annual rent increases are insufficient.

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