Posts Tagged ‘tenants’

Wednesday, March 23rd, 2011

The Ontario Landlords Association recommends RentSeeker.ca

RentSeeker.ca is the #1 search site for apartments for rent in Toronto; rentals of apartments, condos & homes made easy for cities across Canada. (more…)

Lots of hearings cancelled tomorrow (Wed. Feb. 2, 2011) at LTB

Tuesday, February 1st, 2011
Due to extreme weather conditions LTB hearings scheduled for Wednesday February 2nd, 2011 at the following locations have been cancelled and will be re-scheduled:

Simcoe:
Best western Little River Inn
203 Queens Way West,Simcoe, ON,N3Y 2M9

Brantford:
Best Western Alexander Graham Bell Room
19 Holiday Drive Hwy,(403 and Gretzky Pkwy),Brantford, ON, N3T 5W5

Owen Sound:
ServiceOntario, Boardroom – Main Floor,1400 1st Avenue West, Owen Sound, ON,N4K 6Z9

Cobourg:
Best Western Inn & Convention Centre, 930 Burnham Street, Cobourg, ON, K9A 2X9

For up to date information regarding hearing cancellations please contact our Call Centre 416-645-8080 or Toll-free 1-888-332-3234

The Toronto Sun: Ontario Rent Hike Lowest in 35 Years

Thursday, January 6th, 2011

Ontario’s rent hike lowest in 35 years

By ANTONELLA ARTUSO, Queen’s Park Bureau Chief
Last Updated: January 2, 2011 5:20pm

Ontario rents will be allowed to edge up by only 0.7% in 2011.

It is the lowest increase in the 35-year history of the province’s rent guideline — the maximum annual rent increase allowable without seeking special approval from the Landlord and Tenant Board for a heftier hike.

“The McGuinty government is providing real protection for tenants by linking the rent increase guideline to the Ontario Consumer Price Index which prevents routine rent increases above the rate of inflation while ensuring landlords can recover increases in their costs,” said Liberal cabinet minister Jim Bradley.

Stuart Henderson, a moderator with the Ontario Landlords Association, which typically represents property owners with less than five units for rent, said the tiny increase has many of the group’s members wondering if they can afford to stay in the business.

“We’re the ones that are paying all these new costs — the price of gas, hydro, the HST — and then we kind of get kicked in the stomach with a 0.7% increase,” he said. “It leaves kind of the worst landlords in the market, people who are renting out fire traps, illegal places.”

The next provincial election will be held in October, and Henderson said the McGuinty government is clearly currying favour with tenants.

“It’s political opportunism,” he charged. “We feel that the McGuinty government is trying to protect against a backlash from tenants in Toronto.”

Geordie Dent, executive director of the Federation of Metro Tenants’ Associations, said landlords may be complaining now but they weren’t protesting when the province allowed yearly increases in the range of 5% in the 1990s.

The recession has been very hard on many tenants, and unemployment in Toronto continues to hover at about 10%, he said.

”It’s not renting out a movie at Blockbusters — it’s people’s housing,” Dent said. “Any increase right now during this difficult time is hard for any tenant.”

Also, Ontario does not have “real” rent control because the landlord is only obliged to follow the guideline for an existing tenant, he said.

“If you move into a unit, though, a landlord can charge you whatever he wants,” Dent said. “The last tenant could have been paying $500 a month and they can charge you $2,000.”

http://www.torontosun.com/news/canada/2011/01/02/16734661.html