Do you know how much RENT increase approved by Ontario Government.

There are several of this blog readers are renter in Ontario. In Ontario the Ministry of Municipal Affairs and Housing has released the province’s rent increase guideline for 2012. The 2012 guideline will be 3.1 per cent. The new rent increase guideline applies to a rent increase that begins any time between January 1, 2012 and December 31, 2012.

For previous years’ increase guidelines,

please see the table below.

A landlord may increase a current tenant’s rent once per year by an amount not to exceed the guideline

• 2012       3.1%
• 2011       0.7%
• 2010       2.1%
• 2009       1.8%
• 2008       1.4%
• 2007       2.6%
• 2006       2.1%
• 2005       1.5%
• 2004       2.9%

It establishes the maximum amount that a landlord can increase a tenant’s rent without making an application to the Ontario Rental Housing Tribunal.