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2011 Rent Increase Guideline

Jun 22, 2010
News source: Ministry of Municipal Affairs and Housing

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.

Associated Website: 2011 Rent Increase Guideline