Ontario Residential Rent Increase Guideline for the year 2023 is 2.5%
Ontario residential rent increase guideline for the year 2023 has been listed on the Ontario government website at 2.5% www.ontario.ca Previous rent increase guidelines The chart below illustrates yearly rent increases, in Ontario, from 2015 to 2023. Year guideline (%) 2023 2022 2.5 1.2 2021 0 2020 2.2 2019 1.8 2018 1.8 2017 1.5 2016 2.0 2015 1.6