Toronto Renters Forum

General => General Discussion => Topic started by: Richard on December 23, 2022, 01:32:50 pm

Title: CBC – Landlords sitting on Thousands of Dollars owed to Tenants
Post by: Richard on December 23, 2022, 01:32:50 pm

Ontario landlords could be sitting on thousands of dollars of interest owed to tenants (https://www.cbc.ca/amp/1.6695937)

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But some Ontario landlords are sitting on thousands of dollars of interest accrued from rental deposits and have stopped paying out interest together, according to the Federation of Metro Tenants' Association. In some cases, they also asking renters to fork over cash as often as every year in a process some advocates are calling "double-dipping."

"They are sucking the bone marrow of the tenants," said Torres.