New to Toronto Renters Forum?

Our purpose is to enable renters to communicate with one another, and to make those informative conversations available, so that all renters can benefit from our collective knowledge. Click here to learn more about us...

Welcome, Guest. Please login or register.
Did you miss your activation email?

August 18, 2022, 01:02:32 am

Login with username, password and session length

Recent

Common Tenant Problems - Rent

This section is for renters to discuss issues regarding Paying your Rent.

In addition to this forum there are some terrific information resources available on this topic:



If you are Having Trouble Paying Your Rent...

If you are having trouble paying your rent then you may be able to find help from the Toronto Rent Bank.  The rent bank provides interest-free loans to qualifying individuals.

Neighbourhood Information Post (NIP) also provides financial help to people in need.

The City of Toronto also has some applicable information here: Get Help Paying for Housing.


Author Topic: Ontario increases amount landlords can raise rent by highest level in a decade  (Read 224 times)

0 Members and 1 Guest are viewing this topic.

KatieS

  • Newbie
  • *
  • Posts: 13
  • Karma: +1/-0
    • View Profile


https://toronto.ctvnews.ca/ontario-increases-amount-landlords-can-raise-rent-by-highest-level-in-a-decade-1.5968069


CTV News reports:

"Ontario is more than doubling the maximum rate a landlord can raise a tenant's rent next year – marking the highest rent increase guideline in the province in a decade.

On Wednesday, the province announced Ontario’s rent increase guideline for 2023 is 2.5 per cent.

Previously, landlords were allowed to raise rent by 1.2 per cent in 2022, following a rent freeze that rolled out in 2020 to help Ontarians through the onset of the COVID-19 pandemic.

The last time Ontario’s rent increase guidelines reached 2.5 per cent was in 2013."


 

Copyright Notice

Website Contents are Copyright © 2021-2022 TorontoRentersForum.com.
Forum Posts are Copyright © 2021-2022 by the original author of each forum entry.
Software is Copyright © Simple Machines Forum (SMF) and TinyPortal.

TorontoRentersForum.com is an open forum; it is the responsibility of each author to ensure the accuracy of statements they make.

The opinions expressed in entries are those of the original authors; they do not necessarily reflect the opinions of TorontoRentersForum.com or its management.

Member Agreement | Privacy Policy