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Archive for the ‘HST’ Category

For the current year and commencing January 2011, the Municipal Licencing and Standards department (MLS) has provided updated information on the resumption of the audit program in multi-residential apartment buildings (MRAB). MLS has included a list of buildings scheduled for auditing as well as specific items to be targeted in their audits. For example, the audits will include ‘common areas, mechanical systems and grounds of the building’ for property standard violations. Refer to this link for details: http://www.toronto.ca/licensing/mrab/audit_activity_by_ward.htm

According to the article “Inspectors to probe city’s 5,000 rental buildings” published in April 2010, Jim Hart (Executive Director of MLS) stated:  ” We’re actually going to get our own staff to go out there effectively with a checklist and do every single (rental) building in the city and kind of rate them,” and that “he’s determined to send out about 100 inspectors to give nearly 5,000 buildings a once-over, so his 12-member audit team can better focus its efforts on the buildings most in need of improvements”. Refer to this link for the full article: (more…)

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The Annual Guideline Rent Increase for 2011 is being described as the lowest guideline increase in the 35-year history of rent regulation in Ontario. It has been set at 0.7% and is the maximum a landlord can increase the rent of existing tenants. The landlord will have to seek the approval of the Landlord and Tenant Board to increase rents above the guideline of (more…)

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By D. Wallace, Guest Contributor

This is an update to my February posting titled “Are Residential Rents Exempt from HST?”  Basically, tenants were in the dark as to whether and/or how rents were going to be affected by the HST.

It appears that some tenants have their answer. Our premier, the (more…)

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 By D. Wallace, Guest Contributor

With the HST set to take effect in July 2010, there are several crucial questions all tenants in Ontario should be asking:  a) Do tenants know what impact the harmonized sales tax (HST) will have on their rent?  b) Will HST be added if hydro is included in their monthly rent?  c) How are landlords going to be reimbursed for a list of extra costs and, d) Do tenants know what costs are on this list? In apartments, this list includes utilities such as gas heat, electricity, hydro, and other costs related to maintenance (more…)

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