November 29, 2011

2012 RENT INCREASE GUIDELINE

Each year, the Ontario government announces the province’s rent increase guideline for the following year.

Ontario’s annual Rent Increase Guideline is based on the Ontario Consumer Price Index (CPI), which is a measure of inflation calculated monthly by Statistics Canada. The rate of allowable rent increases for 2012 will be 3.1 per cent.

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Russell Sultan

Property Administrator, DMS Property Management

Describe your experience in a few words

Property Management made easy. Koodos to the creators, keep up the good work.

What do you like the most about the software?

Everything is simplified. very easy to understand and work with. I never had to go for a training. tenants love using the portal for day to day communication with management.