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As expected, they kept the cap at 2.5% for 2023. https://news.ontario.ca/en/release/1002167/ontario-caps-2023-rent-increase-guideline-below-inflation-at-25-per-cent Ontario’s rent increase guideline for 2023 is 2.5 per cent, below current rates of inflation. The rent increase guideline is the maximu...
Jun 29th, 2022 12:03 pm
CTV News Toronto: Ontario raises maximum allowable rent increase as rent freezes end.https://toronto.ctvnews.ca/ontario-raises-maximum-allowable-rent-increase-as-rent-freezes-end-1.5725258Pretty low consideing inflation is 4%
Jan 1st, 2022 3:33 pm
https://i.pinimg.com/originals/21/83/39/2183390c33417d017eaed6a53d80fb64.gif New York 2.5% California 5% + inflation BC - between 2-3% (pre Pandemic 2.6%) Quebec - pre pandemic 3% Illinois - No rent control Massachusets - No rent control Florida - No rent control Some of the most pro tenant anti-la...
Aug 26th, 2021 7:26 pm
For any property investors out there, the government made the announcement today at lunchtime. After the meager 0.7% increase for 2011, this is welcome news. Here is the Ontario governments press release: http://news.ontario.ca/mah/en/2011/07/2012-rent-increase-guideline-1.html
Jul 29th, 2011 1:35 pm