[homeles_ot-l] 2013 FW: Ontario Moves To Cap Rent Increases

[Lynne Browne]

FYI . . .
Lynne Browne
Executive Director, Alliance to End Homelessness 
613-241-7913 ext. 205, lbrowne at ysb.on.ca

-----Original Message-----
From: Rob MacDonald [mailto:robm at housinghelp.on.ca] 
Sent: December-06-11 4:44 PM
To: Rob MacDonald
Subject: Fwd: Ontario Moves To Cap Rent Increases

This looks like good news for tenants, capping the guideline increase
at 2.5%   It's too bad they didn't make it retroactive to cancel out
next year's increase of 3.1%

Rob MacDonald
---------- Forwarded message ----------
From: Naqvi_Yasir-MPP-CO <ynaqvi.mpp.co at liberal.ola.org>
Date: Tue, Dec 6, 2011 at 4:22 PM
Subject: Ontario Moves To Cap Rent Increases
To: Naqvi_Yasir-MPP-CO <ynaqvi.mpp.co at liberal.ola.org>

Good afternoon,

Today, our government introduced legislation that, if passed, would 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.

Read more about the Rent Increase Guideline or contact my office at any time for more information.

Take care,

Yasir

Yasir Naqvi, MPP
Ottawa Centre
Parliamentary Assistant to the Minister of Finance
Community Office | 411 Roosevelt Ave. Suite 204, Ottawa K2A 3X9
[t] 613-722-6414 | [f] 613-722-6703 | [e] ynaqvi.mpp.co at liberal.ola.org
Queen’s Park Office | 7 Queen’s Park Cr. 7th Floor, Toronto M7A 1Y7
[t] 416-325-3581 | [f] 416-325-3453 | [e] ynaqvi.mpp at liberal.ola.org
fb facebook.com/YasirNaqviMPP | tw @Yasir_Naqvi | (i) www.yasirnaqvimpp.ca

-----------------------------
Rob MacDonald,
Advocate for Tenants

"Warriors, warriors we call ourselves.  We fight for splendid virtue, for high endeavour, for sublime wisdom, therefore we call ourselves warriors."
Aunguttara Nikaya


--
Rob MacDonald,
Advocate for Tenants

"Warriors, warriors we call ourselves.  We fight for splendid virtue, for high endeavour, for sublime wisdom, therefore we call ourselves warriors."
Aunguttara Nikaya