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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.


Headline News
»Avison Young scoops Edmonton-based multifamily veterans
»Average monthly rent in Canada up 4% in May
»Ministers shift around expanded Ontario cabinet
Where there’s Smoke: Wildfire prevention tips for property owners
Warmer weather and dry lands are prime kindling for wildfires. And if current blazes across B.C., and northern Alberta are any indication, Canada is bracing for one of its most severe wildfire seasons yet.  »READ MORE
»CRRA awards Boardwalk “Best Renovation” of 2019
»Property tax shifts continue to plague Calgary
»Tourism benefits also linked to its drawbacks

H&S Building Supplies Ltd. is one of Ontario's premier maintenance supply wholesalers. We specialize in the multi-unit residential space; providing quality products, competitive prices, on-time delivery, and product knowledge second to none. We exist to service & supply the property management industry.

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
Inclusionary zoning prompts debate in T.O.

Inclusionary zoning has become a heated subject once again in the wake of the Ford Government’s “More Homes, More Choice” action plan, otherwise known as Bill 108. Designed to reduce red tape and eliminate many of the barriers waylaying new construction, Ford’s plan has been largely embraced by housing developers, while other groups are calling it a detriment to the city’s future. And if there’s one policy sure to ignite controversy among the forces at work in the housing sphere, it’s inclusionary zoning. »READ MORE

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