Ontario government announced 16 measures as part of Ontario's Fair Housing Plan to address some of the challenges facing Ontario families as they look to purchase a home.
Contact us directly for the full list of changes. Below is another one of the changes.
- Expanding rent control to all private rental units in Ontario, including those built after 1991. This will ensure increases in rental costs can only rise at the rate posted in the annual provincial rent increase guideline. The increase is capped at a maximum of 2.5 per cent. Legislation will be introduced that, if passed, will enact this change effective April 20.