Ontario caps 2024 rent increases at 2.5 per cent; does not apply to newer units

Most Ontario landlords will be able to increase rent by up to 2.5 per cent next year. Municipal Affairs and Housing Minister Steve Clark says the rent increase guideline for 2024 is set at the same rate as for this year, and he notes that it is below the average inflation rate of 5.9 per cent.

Ontario Capping Rent Increases for 2024 to 2.5% : r/OntarioLandlord

Ontario Landlords Association

Ontario announces 2024 rent increase guideline - REMI Network

How the new rent cap will affect Ontario tenants and landlords in

The Canadian Press

Ontario Moves To Cap Rent Increases

Jagmeet Singh calls for GST break on new affordable homes

Politics

Help! Can my landlord double our rent price once our lease term