rent increase
Canadian Apartment Magazine
Annual rent increase more than doubles average wage increase
Annual average rent in Canada rose 11.8 % in October, which is more than double the average hourly wage increase of 5.6 %.
Canadian Apartment Magazine
Ontario sets 2022 rent increase guideline at 1.2 per cent
Ontario has released its rent increase guideline for 2022, setting it at 1.2 per cent on the heels of the 2021 rent freeze.
Canadian Apartment Magazine
Average rent in Canada to rise 6 to 11 per cent
A new report released by Rentals.ca predicts that the average rent in Canada will increase 6 per cent in 2019. Municipally, it foresees increases by as much as 11 per cent in Toronto and 7 per cent in Vancouver.
Canadian Apartment Magazine
Manitoba sets 2017 rent guideline at 1.5 per cent
Manitoba Justice has advised that the 2017 rent guideline has been set at 1.5 per cent and will take effect Jan. 1, 2017.
Canadian Apartment Magazine
New guideline set for rent increase in 2016
According to the Federation of Rental Providers of Ontario, the province has set the guideline on rent increases for 2016 at 2.0 per cent.
Canadian Apartment Magazine
New rental housing program launches in Sask.
As of March 1, Saskatchewan’s Affordable Housing Rental Program will be phased out in larger communities to make way for a new Social Housing Rental Program. The goals of the transition are to improve affordability for individuals and families in the greatest housing need, ensure low-income individuals are paying appropriate rents based on their incomes, and to establish that only households requiring assistance are eligible for the government assistance.
