Ontario caps rent increases below the rate of inflation

Credit to Author: Edana Robitaille| Date: Thu, 20 Jul 2023 12:00:19 +0000

On June 29, the Government of Ontario announced it would cap rent increases for 2023 at 2.5%. Each year, Ontario releases a rent increase guideline that landlords can then use to raise the cost of tenants’ rent by a specific percentage to align with the cost of living. The province typically uses Ontario’s Consumer Price […]

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How to rent your first apartment in Canada

Credit to Author: Julia Hornstein| Date: Sun, 11 Jun 2023 13:00:38 +0000

Many newcomers to Canada choose to rent accommodations versus buying property upon their arrival. Finding a new home can be stressful, so this article will provide the basics for you to understand the process of renting in Canada. Discover if You Are Eligible for Canadian Immigration How to find your rental You can search for […]

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Buying a home in Canada as a non-Canadian

Credit to Author: Edana Robitaille| Date: Fri, 13 Jan 2023 13:00:10 +0000

The Prohibition on the Purchase of Residential Property by Non-Canadians Act was passed in parliament in June 2022 and came into effect on January 1 this year. Broadly speaking, the new regulations will prohibit the purchase of a residential property by any foreign investor who is not a Canadian citizen or permanent resident. The regulations […]

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