The Canadian Press
TORONTO–Landlords in Ontario will be able to increase rents up to 1.8 percent next year, as rent controls are expanded under the Liberal government’s housing plan.
The annual rent increase guideline is the maximum amount a landlord can boost a tenant’s rent without needing the approval of the Landlord and Tenant Board.
Rent controls previously only had applied to private rental units built before November, 1991 but the government removed that exception.
It says that means 250,000 more tenants will get protection from unfair hikes.
