2014 Rent increase guide line in the Province of Ontario

The Ministry of Municipal Affairs and Housing has released the province’s rent increase guideline for 2014. The 2014 guideline will be 0.8 per cent. The new rent increase guideline applies to a rent increase that begins any time between January 1, 2014 and December 31, 2014.   

For example:

• The guideline for 2014 is 0.8 per cent
• The rent increase is 0.8 per cent of $1,000 = $8.00
• Therefore, the new rent on Aug.1, 2014 could be up to $1,008.00 ($1,000 + $8.00)

Previous rent increase guidelines

Year	Guideline (%)
2013	2.5
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
2003	2.9
2002	3.9
2001	2.9
2000	2.6
1999	3.0
1998	3.0
1997	2.8
1996	2.8
1995	2.9
1994	3.2
1993	4.9
1992	6.0
1991	5.4