Posts Tagged ‘Ontario’

Ontario Caps Rent Increases to 2.5%

Sunday, December 11th, 2011

December 11th, 2011

Ontario Premier Dalton McGuinty

 

The press release came last Tuesday.  It shocked a lot of landlords in Ontario!

What’s the news?

Beginning in 2013, the Ontario government will cap annual rent increases to 2.5%, not matter how much inflation is.

Here’s the Ontario government propaganda:

December 6, 2011 1:00 PM

MCGUINTY GOVERNMENT PROPOSES TO STABILIZE RENT INCREASE GUIDELINE TO PROTECT TENANTS

Legislation to be introduced today would, if passed, ensure that the annual Rent Increase Guideline is capped at 2.5 per cent to protect tenants and families.

The proposed changes would also ensure that the annual Rent Increase Guideline never falls below one per cent. 

Tenants would benefit from greater certainty that would ensure affordable and stable rents so they have safe and affordable housing. For landlords, this would ensure a fair return so they can properly maintain rental properties.

The guideline would continue to be based on the Ontario Consumer Price Index. If passed, the new guideline formula would take effect starting in 2013.

Ontario continues to build new affordable housing and repair existing units for families with housing needs. The province’s investments in affordable housing have created thousands of jobs and resulted in the construction and repair of 270,000 housing units and the provision of 35,000 rent supplements for Ontario families on fixed incomes.

What do you think, Alberta Landlords?  In Ontario no matter what the inflation rate is, rents are capped.

To read more go to the Ontario Landlords Association website here Ontariolandlord.ca

 

The Ontario ‘Sunshine List’ 2010 – Landlord & Tenant Board Salaries over $100,000/year

Wednesday, March 31st, 2010

Please see the Ontario government website for details:

http://www.fin.gov.on.ca/en/publications/salarydisclosure/2010/crown10.html

Employer— Surname—Name—Position—Salary Paid—Taxable Benefits

Landlord & Tenant Board  BECKETT ELIZABETH Member, Landlord & Tenant Board  $105,440.08 $180.04

Landlord & Tenant Board  BRYCE LAURA Administrative Lead  $142,571.13 $228.08

Landlord & Tenant Board  BUFFA VICENZINA Member, Landlord & Tenant Board  $103,385.76 $180.04

Landlord & Tenant Board  BUGBY KIM E. Vice Chair, Southwest Region $114,104.71  $195.06

Landlord & Tenant Board  BURKE WILLIAM Member, Landlord & Tenant Board  $105,440.08 $180.04

Landlord & Tenant Board  CHING VINCENT Member, Landlord & Tenant Board  $100,925.20 $172.26

Landlord & Tenant Board  CORMIER BRIAN A. Member, Landlord & Tenant Board  $105,440.08 $180.04

Landlord & Tenant Board  FAHLGREN NANCY A. Member, Landlord & Tenant Board  $105,440.08 $180.04

Landlord & Tenant Board  FELLMAN ELI T. Vice Chair, Toronto East Region  $130,424.60 $222.99

Landlord & Tenant Board  GAGNON REGENT Vice Chair, Northern and Eastern Regions  $130,424.60 $222.99

Landlord & Tenant Board  GRAHAM MURRAY W. Vice Chair, Toronto North Region  $130,424.60 $222.99

Landlord & Tenant Board  HANEY DEBORAH M. Regional Manager, Southwestern  $104,067.66 $170.34

Landlord & Tenant Board  HENRY SEAN D. Vice Chair, Central Region  $122,264.63 $208.96

Landlord & Tenant Board  HOMSI ELKE Member, Landlord & Tenant Board  $102,688.93 $174.10

Landlord & Tenant Board  HUNT DOUGLAS Regional Manager, Southern  $107,023.14 $170.34

Landlord & Tenant Board  JOY GREGORY Member, Landlord & Tenant Board  $105,440.08 $180.04

Landlord & Tenant Board  KING CAROLINE A. Member, Landlord & Tenant Board  $105,440.08 $180.04

Landlord & Tenant Board  LESLIE CLAUDETTE A. Member, Landlord & Tenant Board  $100,670.85 $172.26

Landlord & Tenant Board  MA LILIAN Y. Chair, Landlord & Tenant Board  $166,338.44 $284.30

Landlord & Tenant Board  MACKINNON VERNON W. Member, Landlord & Tenant Board  $104,539.70 $178.06

Landlord & Tenant Board  MACRI DIANA R. Director, Operations  $138,185.03 $223.80

Landlord & Tenant Board  MARTIN IEVA Member, Landlord & Tenant Board  $105,440.08 $180.04

Landlord & Tenant Board  MCMASTER JAMES G. Member, Landlord & Tenant Board  $104,370.13 $168.78

Landlord & Tenant Board  MOSCROP MERVYN Regional Manager, Toronto East  $104,067.66 $170.34

Landlord & Tenant Board  NAUD GERALD Member, Landlord & Tenant Board  $105,440.08 $180.04

Landlord & Tenant Board  OPITZ BRIAN Manager, Corporate Services  $104,142.48 $179.52

Landlord & Tenant Board  ROZEHNAL JANA Member, Landlord & Tenant Board  $100,670.85 $172.26

Landlord & Tenant Board  SAVOIE GUY W. Vice Chair, Toronto South Region  $130,424.60 $222.99

Landlord & Tenant Board  SHAMATUTU FREDA Member, Landlord & Tenant Board  $105,440.08 $180.04

Landlord & Tenant Board  TAYLOR GERALD D. Member, Landlord & Tenant Board  $105,440.08 $180.04

Landlord & Tenant Board  USPRICH MARIAM E. Member, Landlord & Tenant Board  $102,689.93 $174.10

Landlord & Tenant Board  VANDELFT JONELLE E. Vice Chair, Southern Region  $118,203.12 $201.88

Landlord & Tenant Board  VOTTA ROSA Member, Landlord & Tenant Board  $100,690.47 $170.66

Landlord & Tenant Board  WALLACE BRADLEY J. Member, Landlord & Tenant Board  $105,440.08 $180.04