Rent control in Ontario: The facts, the flaws, the fixes

Ricardo Tranjan; Paulina Vargatoth

Rent control in Ontario: The facts, the flaws, the fixes SEPTEMBER 2024 RENT CONTROL IN ONTARIO The facts, the flaws, the fixes Ricardo Tranjan and Paulina Vargatoth Rent control in Ontario The facts, the flaws, the fixes Introduction 3 1. [...] In the early 1940s, the Canadian government prohibited landlords from 6 / Rent control in Ontario: The facts, the flaws, the fixes raising rents. [...] The most likely explanation is that new unit exemptions lead to an increase in the number of uncontrolled units in the rental price index, which would cause the average rental price in the index to increase since these units are not subject to rent controls.”12 In other words, the more new units are exempted, the higher the rents. [...] The following year, the rent increase guideline is 2.5 per cent; it applies to the rent and to the AGI amount. [...] The opinions in this report, and any errors, are those of the author(s) and do not necessarily reflect the views of the CCPA or funders of the report.