Most rental units in Ontario are subject to rent controls, with an average rent increase guideline of 2.1% since 1998.14In practice, rent growth is often higher than guideline values due to various exemptions, including vacancy decontrol, whereby landlords may freely increase rents upon tenant tur...
An additional issue to consider in the debate surrounding rent control is that the headline inflation rate (this is the rate often quoted in the news and serves as the basis for calculating the Rent Increase Guideline (“RIG”) in Ontario) is based on the Consumer Price Index (“CPI”),...
You can make the office environment healthy for your employees through the ergonomic features of the chairs to reduce strain when using the chair for longer periods, eliminate back pain, and increase employee productivity. … Continue Reading FILED UNDER: FurnitureTAGGED WITH: benefits, chair, mesh...
Of course, high taxes are a double-edged sword that serve as one of the many pros and cons of living in Toronto. 22. Rent is Expensive The high cost of living is reflected in rents that continue to creep up. In fact, they increased by around 10% in the summer of 2023. Nowadays, ...