Ontario Government Committed to Affordable Housing
Ontario is capping rent increases for 2015 at 1.6 per cent.
The cap, also known as the rent increase guideline, is the maximum a landlord can raise a tenant’s rent without the approval of the Landlord and Tenant Board. It applies to rent increases between Jan. 1 and Dec. 31, 2015.
The guideline is based on the Ontario Consumer Price Index, a measure of inflation calculated monthly by Statistics Canada.
It is calculated under the Residential Tenancies Act, 2006, which caps rental increases at a maximum of 2.5 per cent.
Quick Facts
Media Contacts
Charlene Millett
Communications Branch
Charlene.Millett@ontario.ca
416-585-7478