Ontario’s rent and housing reform: 16 big changes, explained in charts
[Source: The Globe and Mail, April 20, 2017] On Thursday, Ontario announced it would widen its rent-control rules and take pages from B.C.'s playbook to bring skyrocketing housing prices down. Here are the highlights. Rental housing What Ontario is doing: Expanding rent control to all private rental units Introduce legislation to strengthen the Residential Tenancies Act Making sure multiresidential apartment buildings are charged property taxes at similar rates to other residential properties A $125-million program over five years “to further encourage the construction of new rental [...]