Ontario Caps Rent Increase at 2.5%

Ontario Caps Rent Increase at 2.5% Rent Increase Ontario For Rent   Tags: , ,

It was anounced today that the Residential Tenancies Amendment Act will cap the maximum amount most landlords can increase a sitting tenant’s rent during the year at 2.5 per cent.

Capping the Rent Increase Guideline is part of the McGuinty government’s plan to provide affordable housing for Ontario families.

For more details visit Ontario website….

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