Article by Matt Dionne, insauga
Cannabis has been legal in Canada for almost a year, and attitudes about it are shifting.
Bill C-45 (otherwise known as the Cannabis Act) has been in place since Oct. 17, 2018, making it legal for Canadians to consume the drug, and to grow it within the comfort of their own homes in most provinces.
People in Ontario can cultivate up to four plants within a private residence without a license, so people who live in single-family homes and condos and apartments (unless a condo bylaw bans cannabis production) are free to grow a limited quantity of cannabis.
But do people worry that legal cannabis will hurt their property value or make it harder for them to find an apartment?
Zoocasa, a real estate brokerage and website, recently released a report that explores the impact that cannabis legalization has had on tenants and homeowners.
Zoocasa conducted an online poll of over 1,300 Canadians between September 17 to 29, 2019, on the following sentiments:
- Consumption and cultivation of cannabis in private residences
- Living in close proximity to where cannabis is sold
- Awareness of landlords, renters, and condo dwellers of their rights and the rules that govern cannabis usage in their homes
The survey found that Canadians are warming up to the idea of living near a dispensary. While Mississauga does not yet allow private cannabis retailers to operate within city limits, it has signalled that it will reevaluate its decision after observing other municipalities—so legal dispensaries could pop up in the city in the future.
Zoocasa says that when it comes to new dispensary businesses opening up in the neighbourhood, Canadians are generally feeling more at ease with their presence – a total of 43 per cent of respondents agreed they would be comfortable with such a business operating in proximity to their home, compared to the 31 per cent who indicated as such last year.
That said, Zoocasa found that those who don’t own real estate in their neighbourhood were more likely to indicate they are comfortable – a total of 56 per cent of renters were in agreement, compared to just 36 per cent of homeowners. As well, respondents who identified as millennials (born between 1981 – 1996) were most comfortable with nearby dispensaries than older generations; 56 per cent indicated as such, compared to a combined 34 per cent of Gen Xers (1965 – 1980) and Baby Boomers (1946 – 1964).