rent contro toronto

Toronto condos could get rent control

Toronto's rental market has been under the microscope lately as prices for condos and apartments in the city seem to be getting higher and higher.

This morning, however, NDP MPP for Toronto-Danforth Peter Tabuns unveiled a private members bill aimed at making rent more affordable in Ontario.

According to Metro News, the Rent Protection for All Tenants Act will help provide rent control for everyone. Currently, according to the 1997 Residential Tenancies Act, only buildings built before 1991 have rent control - tied to the rate of inflation - in place.

That's why the many renters who live in condo units can see massive rent increases year after year; the majority of these buildings were constructed after 1991 in Toronto.

Private member bills don't have the highest success rate at the legislative assembly, though the political climate might be right for the government to take action on the rental market now.

Lead photo by

Marcanadian


Latest Videos



Latest Videos


Join the conversation Load comments

Latest in City

Here are all the 2025 statutory holidays in Canada

Huge stretch of TTC subway spanning 11 stations closed for the next 2 weekends

Most people in Toronto now think that the city is moving in the wrong direction

11 million Canada Post parcels now undelivered ahead of Black Friday

Busy Toronto street kicks off major makeover set to wrap in 2025

Here's how much money you could save during Canada's GST holiday

Huge changes planned to 'transform' a major Toronto street

Canadians working in certain fields can expect a big pay bump in 2025