Tenant association calls on government to legislate rent freeze

June 19, 2009

Government Must Act to Prevent Higher Rents

Today, the Ontario Government announced the annual rent increase guideline for 2010 as 2.1 per cent.

This is shocking news for tenants as we weather the toughest economic times in decades.

The Federation of Metro Tenants' Associations recognizes that the formula for setting this guideline is enshrined in legislation. We call on the Government to change that legislation before this increase can be taken.

If our Government can help General Motors, they can help tenants by legislating a rent freeze for 2010," said Dan McIntyre, Program Co-Ordinator for the Federation.

Further increases in rents will hit the most vulnerable the worst, and people will lose their homes. In 2008, 69,000 Ontario households faced applications for evictions, an all time high for Ontario.

In 2009, property taxes for multi-residential units in Toronto increased by only 1.3%. This is the largest expense for rental properties.

At our recent Annual General Meeting, members of the Federation passed a resolution to call on the Government to freeze and hopefully lower rents.

Today’s announcement tells us that we have work to do.

Dan McIntyre: 416-413-9442, 647-286-5441

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FMTA news release