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Ontario Caps Maximum Rent Control Increase at Less Than Half of Inflation for 2023

Recently Elected Conservative Government Sticks to 2.5% Cap on Rent Hikes
A Canadian Apartment Properties REIT building in Toronto. (CoStar)
A Canadian Apartment Properties REIT building in Toronto. (CoStar)
CoStar News
June 29, 2022 | 10:05 P.M.

Canada's largest province is sticking with a maximum allowable increase of 2.5% for 2023 for rent-controlled apartments in Ontario despite higher inflation.

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