Tenants are now protected a little more with new rules that take effect today in Ontario.
The new rules surround eviction.
If a landlord evicts a tenant in order to take over the unit themselves or for a family member they now have to give the tenant one month’s rent as compensation or offer the tenant another acceptable rental unit.
Also, the landlord must express an intent to occupy the unit for at least a year to discourage landlords from turning around and re-renting the property at a higher rate.
“If the landlord advertises, re-rents or demolishes/converts the unit within one year, she or he will be considered to have acted in bad faith, unless they can prove otherwise and could face a fine of up to $25,000,” the government says.
These changes are all part of the government’s housing plan announced this spring, which included rental controls to all rental units not just those built at a certain time.
For more information on the government’s plan to protect renters, click HERE