Skip to main content

Featured

Ontario's 2027 Rent Increase Guideline Is 1.9% — What Landlords and Tenants Need to Know Before October

  August 16, 2026 If you own a rental property in Ontario — or rent one — mark October 3 on your calendar. That's the earliest a landlord can legally serve notice for a rent increase that takes effect January 1, 2027, and it's the practical starting gun for a guideline that's quietly gotten tighter for the third year in a row. The province has set the 2027 rent increase guideline at 1.9% , down from 2.1% in 2026 and well off the 2.5% legal ceiling that held for three straight years before that. It's the lowest guideline Ontario has published in years — and while that sounds like a straightforward win for tenants, the real story for both sides is in the timing, the exemptions, and what a below-inflation-feeling number actually does to a landlord's math. What It Means for You Landlords: the earliest you can serve a valid N1 notice for a January 1, 2027 increase is October 3, 2026 — 90 days' notice is mandatory. Tenants: a 1.9% cap only applies if your unit is rent...
Post a Comment
Read more

article

Labels

Ontario Begins Issuing $200 Taxpayer Rebates

The Ontario government has started mailing out $200 rebate cheques to eligible taxpayers. This initiative aims to provide relief from the high cost of living, including the federal carbon tax and high interest rates. 

Finance Miister Peter Bethlenfalvy stated, "With Ontario families struggling due to the federal carbon tax, high interest rates, and global economic uncertainty, our government is stepping up as part of our ongoing work to keep costs down and help families make ends meet."

To qualify for the rebate, residents must have been 18 years or older and a resident in Ontario on December 31, 2023, not be bankrupt or incarcerated in 2024, and have filed a 2023 Income Tax and Benefits Return by December 31, 2024. Families receiving the Canada Child Benefit (CCB) will also get an additional $200 for each eligible child under 18.

The cheques are expected to reach families over the coming weeks, providing much-needed financial support during these challenging times.



Labels:

Comments

Post a Comment