Akelius: Difference between revisions

The '''United Nations Human Rights Council''' called out Akelius for systemic '''"renovictions"'''—coercive renovations to remove tenants and circumvent rent control.<ref>{{Cite web |last=Smee |first=Michael |date=11 May 2020 |title=UN accuses Toronto apartment owner of human rights abuses |url=https://www.cbc.ca/news/canada/toronto/united-nations-toronto-apartment-human-rights-1.5563756 |url-status=live |archive-url=https://archive.ph/7gqhk |archive-date=7 Jan 2026 |access-date=11 Apr 2025 |website=CBC News}}</ref><ref name=":0">{{Cite web |date=29 Apr 2020 |title=Corporate landlord is abusing tenants’ human rights, says UN housing expert |url=https://www.ohchr.org/en/press-releases/2020/04/corporate-landlord-abusing-tenants-human-rights-says-un-housing-expert?LangID=E&NewsID=25845 |url-status=live |archive-url=http://web.archive.org/web/20231007053222/https://www.ohchr.org/en/press-releases/2020/04/corporate-landlord-abusing-tenants-human-rights-says-un-housing-expert?LangID=E&NewsID=25845 |archive-date=7 Oct 2023|access-date=11 Apr 2025 |website=www.ohchr.org}}</ref> The UN Special Rapporteur on housing reported cases where residents were forced to live in uninhabitable conditions for months, with no running water or heating,<ref>{{Cite web |last=Simonpillai |first=Radheyan |date=11 Feb 2021 |title=As lockdown hit, Akelius tenants say cold water shortage lasted 96 days |url=https://nowtoronto.com/real-estate/akelius-canada-100-vaughan-road-cold-water-shortage/ |url-status=live |archive-url=http://web.archive.org/web/20250708185450/https://nowtoronto.com/real-estate/akelius-canada-100-vaughan-road-cold-water-shortage/ |archive-date=8 Jul 2025|access-date=11 Apr 2025 |website=NOW Magazine}}</ref> while Akelius undertook upscale overhauls to justify outrageous rent increases.<ref name=":0" /> Investigations also showed the company targeted low-income communities, disproportionately impacting vulnerable populations.