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Ontario's 2027 Rent Increase Guideline Is 1.9% — What Landlords and Tenants Need to Know Before October

  August 16, 2026 If you own a rental property in Ontario — or rent one — mark October 3 on your calendar. That's the earliest a landlord can legally serve notice for a rent increase that takes effect January 1, 2027, and it's the practical starting gun for a guideline that's quietly gotten tighter for the third year in a row. The province has set the 2027 rent increase guideline at 1.9% , down from 2.1% in 2026 and well off the 2.5% legal ceiling that held for three straight years before that. It's the lowest guideline Ontario has published in years — and while that sounds like a straightforward win for tenants, the real story for both sides is in the timing, the exemptions, and what a below-inflation-feeling number actually does to a landlord's math. What It Means for You Landlords: the earliest you can serve a valid N1 notice for a January 1, 2027 increase is October 3, 2026 — 90 days' notice is mandatory. Tenants: a 1.9% cap only applies if your unit is rent...
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COP28 reaches landmark agreement to transition from fossil fuels

 



In a historic breakthrough, the COP28 climate summit in Dubai concluded on Wednesday with a deal that commits nearly 200 countries to start reducing their reliance on fossil fuels and shift to renewable energy sources.

The agreement, which was reached after two weeks of intense negotiations and a day of overtime, marks the first time that the world has explicitly recognized the need to transition away from oil, gas and coal, the main drivers of global warming.

The deal also sets ambitious targets for increasing renewable energy capacity, cutting coal use, and deploying technologies that can capture and store carbon emissions. It aims to achieve net zero emissions by 2050, in line with the latest scientific findings.

The deal was hailed as a historic moment by many countries, especially the small island states that are most vulnerable to the impacts of climate change. They had pushed hard for strong language on phasing out fossil fuels, despite facing resistance from the OPEC group of oil producers, led by Saudi Arabia.

The COP28 president, Sultan Al Jaber, who is also the UAE minister of industry and advanced technology, said the deal was a “clear signal” to investors and policy-makers that the world is united in its desire to break with fossil fuels and embrace a clean-energy future.

However, he also stressed that the success of the agreement would depend on its implementation, and urged countries to take concrete actions to fulfill their commitments.

The deal was welcomed by environmental groups, who praised it as a significant step forward in the global fight against climate change. However, they also warned that more work is needed to ensure that the transition is fair and equitable, and that the most vulnerable communities are supported and protected.

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