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Ontario Lifts Rent Control Rules for New Apartments

As Rents Rise Amid High Occupancy in Toronto, the Government Allows Some Landlords to Set Rates
The soon-to-open eCentral apartment building in Toronto developed by RioCan will not have rent control.
The soon-to-open eCentral apartment building in Toronto developed by RioCan will not have rent control.
CoStar News
November 16, 2018 | 12:10 AM

Ontario is lifting rent control on new apartment buildings, reversing policy to exempt future units coming on the market from limits on annual increases.

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