View Online | Forward | Sign Up | Archives June 21, 2019
1. Ontario 2020 rent increase guideline set at 2.2%
The Ontario government released its rent increase guideline for 2020, setting it at 2.2 per cent – the highest it’s been since 2013. The annual guideline identifies the maximum percentage a landlord can increase rent over the course of one year without approval from the Landlord and Tenant Board. The increase of 0.4 per cent will go into effect across Ontario on January 1, 2020.

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2. Federal Government details First-Time Home Buyer Incentive

The Federal Government joined the Canada Mortgage Housing Corporation (CMHC) to reveal a launch date and details for its First-Time Home Buyer Incentive, an “innovative tool” designed to help middle-class Canadians purchase their first residence. Read More »

3. Ministers shift around expanded Ontario cabinet

Five new Associate Ministers will join an expanded Ontario cabinet, which is now 33 per cent larger than the executive council introduced a year ago.
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4. B.C. industry supports approval of TMX pipeline
The B.C. construction industry welcomed the news that the federal government has approved the Trans Mountain pipeline expansion project (TMX) again. Read More »
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5. Average monthly rent in Canada up 4% in May
Following two months of decline, the average monthly rent in Canada increased four per cent in May, according to the June national rent report produced by and Bullpen Research & Consulting.  Read More »
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