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Rent regulation was first briefly introduced in Ontario under the National Housing Act 1944.After lobbying by business it was repealed in under a decade. The modern history of rent controls began in July 1975 when the Residential Premises Rent Review Act 1975 was enacted after the demand for rent controls became a major issue in the period leading to the 1975 provincial election. [2]
Ensuring that more government-owned supply of homes and other housing goes to owners who will live in them instead of large investors; Working with the private sector to address supply chain challenges and improve building techniques. As of August 17, 2024 the following actions were taken by various federal agencies in response to the plan:
In June 2023 the Competition Bureau found the grocery industry was a low-margin business and a modest increase to low margins cannot explain the double-digit food price inflation in Canada. [6] Similarly, an August 2023 Bank of Canada study found no support for the view that inflation is driven by firms exercising market power to increase ...
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Still, this increase is more than triple the 2.2% annual rent increase seen during the same month two years ago. Click here for the latest economic news and economic indicators to help you in your ...
The Tenant Protection Act limits how much landlords and property managers can raise rents annually. Here's this year's maximum increase for many L.A. renters.
The Trudeau government's 2024 federal budget incorporated policy changes meant to increase productivity through investments in artificial intelligence and research grants. However, economists argued that more comprehensive reforms were necessary, including a reduction of interprovincial trade barriers, a streamlining of regulations, tax reforms ...
President Joe Biden is ready to propose a 5% cap on annual rent increases for tenants of major landlords as he tries to show he's doing something about the high cost of housing, according to a ...