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Until then, rent control in Ontario had only applied to units that were first built or occupied before November 1, 1991. [9] If the rental unit was in an apartment building constructed (or converted from a non-residential use) after November 1, 1991, then the rent control provisions of the Residential Tenancies Act, 2006 did not apply. [10]
Rent control in Ontario formerly only applied to units that were first built or occupied before November 1, 1991. [4] If the rental unit was in an apartment building constructed (or converted from a non-residential use) after November 1, 1991, then the rent control provisions of the Residential Tenancies Act, 2006, did not apply. [5]
The Canada Rental Supply Program provided interest-free loans for 15 years to developers who agreed to allocate a proportion of units toward social housing initiatives. [3] In order to ensure that loans contributed to the provision of low income housing, the CMHC was restricted to giving loans amounting to $7500 or less per unit. [ 8 ]
Rents paid to non-residents are subject to a 25% withholding tax on the “gross rents”, which is required to be withheld and remitted to Canada Revenue Agency (“CRA”) by the payer (i.e. the Canadian agent of the non-resident, or if there is no agent, the renter of the property) each time rental receipts are paid or credited to the ...
Toronto Community Housing Corporation (TCHC) is a public housing agency in Toronto, Ontario.It is the largest social housing provider in Canada with over 58,000 units across 2,100 buildings and approximately 105,000 residents. [1]
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In the United States, payment in lieu of taxes can arise in several ways: Land owned by the federal government is generally not subject to taxation by state or local governments. Under Public Law 94-565, enacted in 1976, the federal government began making payments in lieu of taxation to local governments affected by this reduction in their tax ...
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