An Ontario Rent Freeze Sounds Like A Good Thing. It Could Be Bad For Tenants.

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Ontario's plan to prevent rent increases in 2021 was criticized by both landlord and tenant groups.

Masked pedestrians wait at a crosswalk in front of graffiti demanding a rent freeze, in Toronto on Thursday, April 2, 2020.

Clark’s office, in a statement, said that, while the Province typically sets out the maximum allowable rent increases for a given year— it’s a calculation tied to inflation— this year was different.Few details on their plan were immediately available. Tony Irwin, president of the Federation of Rental-Housing Providers of Ontario, which represents landlords, said they were both “surprised and disappointed″ by the news from Queen’s Park.

 

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It amazes me that anyone wants to be a landlord.

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