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Rent regulation - Wikipedia
src: upload.wikimedia.org

Rent regulation in Canada is a set of laws and policies which control the amount by which rental prices for real property can increase year to year. Each province can pass legislation, where the purpose is to limit rent prices increasing beyond what is affordable for most home dwellers.


Video Rent regulation in Canada



History

Alberta

British Columbia

Manitoba

New Brunswick

Newfoundland and Labrador

Nova Scotia

The Residential Tenancies Act and Regulations are the laws governing the rental of residential property and leading the relationship between the landlord and their tenants in the province of Nova Scotia.

Ontario

Rent regulation was first introduced in Ontario under the National Housing Act 1944.

The Residential Tenancies Act, 2006 is the current law in Ontario that governs landlord and tenant relations in residential rental accommodations.[7] The Act received royal assent on June 22, 2006 and was proclaimed into law on January 31, 2007. The Act repealed and replaced the Tenant Protection Act, 1997 and created the Landlord and Tenant Board as a replacement for the Ontario Rental Housing Tribunal.[8]

Rent control in Ontario only applies to units that were first built or occupied before November 1, 1991.[9] If the rental unit is in an apartment building constructed (or converted from a non-residential use) after November 1, 1991, then the rent control provisions of the Residential Tenancies Act, 2006 do not apply.[10]

Prince Edward Island

Quebec

See Quebec rental board

Saskatchewan


Maps Rent regulation in Canada



Current law

Alberta

In Alberta there is no limit to the rent amount landlords are permitted to charge. Rents can only be increased once a year for an existing tenant and notice of rent increase must be provided three months in advance.

British Columbia

According to Mike Hagar for the Globe and Mail in BC rents can only be increased once a year for existing tenants. A rent increase cannot exceed 2.9 per cent in 2016. Written notice of a rent increase must be provided three months in advance.

Ontario


Rent Control Poised for Comeback in California | Al Jazeera America
src: america.aljazeera.com


See also

  • Rent regulation
  • Rent control in England and Wales

Lawsuit Alleges Firm Overcharged Rent-Stabilized Tenants - WSJ
src: si.wsj.net


Notes


Tougher rent control in Ontario puts new supply at risk, say ...
src: www.thestar.com


References

  • Consultations to address affordable housing shortage by Laurie Monsebraaten (Toronto Star, 20 July 2009)
  • Pressure mounts for Ontario to extend rent controls to all tenants by Susan Pigg (Toronto Star, 31 May 2013)
  • Ontario NDP wants to close rent control loophole by William Wolfe-Wylie (Postmedia News, 4 June 2013)

Rent Gadfly Takes On New York Landlords, One Building at a Time - WSJ
src: si.wsj.net


External links

  • Residential Tenancies Act, 2006
  • Tenant Protection Act, 1997
  • Landlord and Tenant Board

Source of the article : Wikipedia

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