Ontario introduces new rent control law

The Government of Ontario has introduced legislation that, if passed, would cap the annual Rent Increase Guideline at 2.5 per cent. The legislation, called Bill 19, Residential Tenancies Amendment Act (Rent Increase Guideline), 2011, would also ensure that the annual rent increase never falls below one per cent. The province‚Äôs Rent Increase Guideline is a … Continued