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Time for Change in ON Profile picture
Time for Change in ON
@YvonneYYZ
Solo Mom, Traveller, I.T Professional, Camping Enthusiast (insta: @campingcookery), Paddler. Oh, and leftie.
Mar 18, 2022 • 7 tweets • 3 min read
Rent Control in Ontario: 🧵
@Fordnation quietly made changes to rent control in 2018, introducing new legislation scrapping rent control on new builds occupied for the 1st time after Nov. 15, 2018. What does this mean to tenants? It means if a tenant signs a lease 1/7 on a rental property that fits this description, landlord can raise the rent by any amount at any time & the LTB rules do not apply. Tenant has zero recourse - they have to decide to move, or pay the new rent. The impact of this legislation is starting to rear it's ugly head 2/7