Ontario’s Rent Increase (2023) Guidelines: What Landlord and Tenants need to know
Rent increases can be a contentious issue for both landlords and tenants in Ontario. As a tenant, sudden and unreasonable rent hikes can cause financial strain and uncertainty. At the same time, as a landlord, failing to earn a fair return on investment can jeopardize the viability of a rental property. Fortunately, Ontario’s rent increase…