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Posts Tagged ‘Above Guideline increase’

The Annual Rent Increase Guideline and the Above Guideline Increase for 2010 have been announced. Much to no one’s surprise both rent increase guidelines are greater than those of 2009. The Annual Rent Increase Guideline has been raised from 1.8% to 2.1% and applies to a rent increase that begins any time between January 1, 2010 and December 31, 2010. This annual increase is intended to cover the (more…)

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The Ontario Energy Board (OEB) has issued a ‘Decision and Order’ that will allow landlords to install ‘smart sub-metering systems’ for individual rental units. Smart sub-meters’ are devices that can be installed in individual apartments to monitor a tenant’s use of energy thereby allowing individual billing.
(Refer to this link for more details:  http://www.toronto.ca/legdocs/mmis/2009/cc/bgrd/backgroundfile-23859.pdf

The main reason behind this ‘Decision and Order’ is that landlords/ property owners have been installing ‘smart meters’ in residential and commercial complexes in the absence of regulations. Ostensibly the purpose of these ‘smart meters’ is to monitor the (more…)

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