Feeds:
Posts
Comments

Posts Tagged ‘Tim Hudak’

2012 Rent Increase Guideline

Posted in 2012 Rent Increase Guideline, Above Guideline increase, Andrea Horwath, Consumer Price Index, Inflation, Last Month Rent (LMR), Municipal Affairs and Housing, Statistics Canada, Tim Hudak, tagged , , , , , , , on July 31, 2011| 11 Comments »

(UPDATE – Check this link for details about the Annual Guideline Increase for 2013:  http://wp.me/pia0J-TX)

—————

The announcement by the Ontario Government of a 3.1% rent increase in 2012 is cause for concern among most tenants, especially those tenants surviving on modest incomes.  Landlords can increase rents by 3.1% without making an application to the Landlord and Tenant Board in 2012.
Refer to this link: http://www.ltb.gov.on.ca/stdprodconsume/groups/csc/@ltb/@keyinfo/documents/resourcelist/stdprod_088485.pdf

The explanation for this dramatic increase in the annual rent increase guideline has been attributed to the increase in the Consumer Price Index (CPI). Rick Bartolucci, Minister for Municipal Affairs and Housing, has acknowledged that this sharp increase in annual (more…)

Read Full Post »

Are Residential Rents Exempt from HST?

Posted in 2010 Rent Increase Guideline, Above Guideline increase, Annual Guideline Rent Increase, HST, Michael Prue, Premier McGuinty, tagged , , , , , , , on February 27, 2010| 12 Comments »

 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…)

Read Full Post »