Legislation Includes Rent Control Reform, Eviction Protections to Keep Rentals AffordableOntario has introduced new legislation that would, if passed, help keep rental housing costs predictable and affordable while strengthening protections for tenants across Ontario. The Rental Fairness Act, 2017, would address rising rental costs faced by people in Ontario by expanding rent control to all private rental units, including those occupied on or after November 1, 1991. Expanding rent control is a key component of Ontario’s Fair Housing Plan to help more people find an affordable place to call home. The legislation also includes additional changes to the Residential Tenancies Act, including:
Ontario is also strengthening its transitional housing system to support the goal of ending chronic homelessness by 2025. The proposed amendments would exempt transitional housing providers from the Residential Tenancies Act for up to four years, as long as participants are protected by written tenancy agreements. This would allow transitional housing providers to deliver their programs and services over a longer period of time, and help more people successfully transition to longer-term, stable housing. Expanding rent control and strengthening protections for tenants is part of our plan to create jobs, grow our economy and help people in their everyday lives. |
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Rents are way out of reach for the vast majority of people and in TO and other major cities you need a six figure salary and more to afford to purchase a house and to afford utilities. Rents are very high here in Ottawa and we stay put here because it is insane and no better than where we live. We have a very good landlord and supers.
One more thing is that I remember Pierre Trudeau who made wage and price controls when he came in as PM but it didn’t work and after things shot up even higher. Many lost their homes when the mortgages went up to 20% – that was a shocker. This is more to try and get re-elected since the libtards are losing big time.