Rent cap at 1.9% in Ontario for 2027: What is the impact on your shared housing?
The Canadian real estate market is currently experiencing a period of significant turbulence. Between galloping inflation and the housing crisis in Canada, finding an affordable and sustainable housing solution can sometimes feel like an uphill battle. Good news, however, for many tenants in the province: the provincial government has officially announced that the 2027 Ontario rent increase guideline will be set at 1.9%. This decrease, compared to the 2.1% rate applied in 2026, offers a welcome ...