2011 Rent Increase Guideline
McGuinty Government Protects Tenants From Excessive Rent Increases
Ontario's rent increase guideline for the year 2011 will be 0.7 per cent, the lowest guideline in the 35-year history of rent regulation in Ontario.
The rent increase guideline is the maximum amount by which a landlord can increase the rent of most sitting tenants without seeking the approval of the Landlord and Tenant Board.
The 2011 guideline applies to rent increases that occur between January 1 and December 31, 2011.
The calculation is based on the Ontario Consumer Price Index, a measure of inflation that is calculated by Statistics Canada.
- The 2011 guideline is calculated under the Residential Tenancies Act, which came into force on January 31, 2007.
- The current 2010 guideline is 2.1 per cent.
“The McGuinty government is providing real protection for tenants by linking the rent increase guideline to the Ontario Consumer Price Index, which prevents routine rent increases above the rate of inflation, while ensuring landlords can recover increases in their costs.”