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Market Optimism Grows Amid Tariff Speculations

                                                       U.S. stock futures showed positive momentum on Tuesday, with the Dow Jones Industrial Average, S&P 500, and Nasdaq futures all rising. Investors are closely monitoring President Trump's tariff policies, which may undergo adjustments. The president hinted at potential exemptions for certain countries, fueling hopes of reduced trade tensions. However, concerns linger as new tariffs on pharmaceuticals and automobiles are expected soon. The market's upward trend follows Monday's rally, driven by optimism surrounding the administration's tariff strategies. Key economic indicators, including consumer confidence and new home sales data, are anticipated later today, providing further insights into the economy's health. Tesla shares continued their upward trajectory, gaining ...

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Ontario Caps Rent Increases Below Inflation Rate for 2025

Ontario has announced that the annual rent increase guideline for 2025 will be capped at 2.5 per cent. This rate is currently the lowest in the country and falls below the average inflation rate of 3.1 per cent. The guideline ensures that landlords cannot increase rent beyond this limit without approval from the Landlord and Tenant Board.

Under the Residential Tenancies Act, the cap is set at 2.5 per cent to protect tenants from rising interest rates that could lead to higher rent. Without this cap, the recent inflation rate would have resulted in a 3.1 per cent increase in 2025. It’s important to note that rent increases are not automatic; landlords must provide tenants with at least 90 days’ written notice using the correct form. If tenants believe they’ve received an improper rent increase, they can request a correction from the Landlord and Tenant Board.

Over the last three years, Ontario has seen significant housing starts and rental housing development, making this move a crucial step in maintaining affordability for tenants. 


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