LAST MONTH INTEREST PAYMENT

NOTICE FOR 111 LAWTON BLVD. 

Your interest payment based on last month's deposit is now available in your account. If you have lived in your unit since 2012, you may qualify for a 6.65% rent reduction. To receive this, you must proactively apply to Akelius Canada Ltd., as they will not send out reminders. The reduction begins on your move-in anniversary. Please refer to your Landlord and Tenant Board order for more information, ORDER TSL-49237-14

Akelius Canada Ltd. has no legal responsibility to notify tenants of an AGI reduction:

I have reviewed the current Ontario legislation and Landlord and Tenant Board (LTB) requirements regarding Above Guideline Increases (AGIs).

The short answer is: No. Under the current Residential Tenancies Act (RTA), a landlord is not legally required to send a new "reminder" notice to tenants when an AGI expires. However, they are legally obligated to automatically reduce the rent on the date specified in the original LTB Order.

Here is the detailed breakdown of the legal responsibilities for multi-residential companies in Ontario:

1. The Original LTB Order is the "Notice"

When an AGI for capital expenditures is approved, the LTB issues a formal Order. By law (RTA Section 129), this Order must include:

• The specific percentage of the increase attributed to the capital work.
• The exact date on which that portion of the rent increase must be removed (the end of the "weighted useful life" of the repair).

Because the landlord is required to provide a copy of this Order to affected tenants at the time it is issued, the law considers the tenant to have been "informed" of the future reduction date at the outset.

2. The Failed "1.5x Penalty" Legislation (Bill 82)

In late 2025, there was a legislative push (Bill 82, 2025) to force landlords to provide a secondary notice to tenants when the reduction date approached. The bill proposed that:

• Landlords must notify tenants of the upcoming reduction.
• Failure to do so would require the landlord to reimburse 1.5 times any overpayment.

Status: This bill was ruled out of order and did not become law. Consequently, the "responsibility to inform" remains tied solely to the initial LTB Order, and no reminder is required in 2026.

3. Automatic vs. Manual Reductions

While the company doesn't have to remind you, they must stop charging the extra amount.

• The Landlord's Duty: Under Section 129, the landlord "shall" reduce the rent on the specified date. If a multi-residential company's accounting system fails to trigger this reduction, they are in breach of the Act.
• The Tenant's Remedy: If the company continues to collect the higher rent, you can file a Form T1 (Tenant Application for a Rebate of Money the Landlord Owes). You have 12 months from the date of the first overpayment to file this claim.

4. Common Point of Confusion: Property Tax Reductions

It is important to distinguish AGI expirations from Automatic Rent Reductions due to Property Tax decreases.

• If a municipality decreases property taxes by more than 2.49%, the municipality sends a notice to the landlord and the tenants.
• In this specific case, the landlord is required to provide a notice if they choose to challenge the reduction; otherwise, the reduction is automatic. This is often why tenants believe a "notice" is required for all types of rent decreases.

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Summary Table: AGI Expiration Responsibilities

Action	Requirement
Send a reminder notice of expiration	No
Provide a copy of the original LTB Order	Yes (at the time of the hearing/order)
Automatically reduce rent on the expiry date	Yes
Reimburse overpayments if missed	Yes (via Form T1)