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Rent hikes of $500 a month for Ontarians

February 12, 2022 latest news Comments Off on Rent hikes of $500 a month for Ontarians
Rent hikes of $500 a month for Ontarians

Ontario tenants have been facing steep rent hikes, amounting to hundreds of dollars, since the pandemic rent freeze ended Dec. 31. Many of them have to make a difficult choice: stay in their home and adapt their budget or even try to move. For a single mother and a couple of young professionals, the situation is far from easy.

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Ontario rent freeze expires on Jan. 1

October 4, 2021 latest news Comments Off on Ontario rent freeze expires on Jan. 1
Ontario rent freeze expires on Jan. 1

Some Ontario tenants have begun receiving notices of rent increases next year, now that the province’s yearlong provincial rent freeze is set to expire on Jan. 1.

That’s when landlords of rent-controlled buildings will be allowed to raise rents up to 1.2 per cent– the maximum allowable under the provincial guideline.

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