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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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Canada’s New $10 NSF Fee Cap Takes Effect, Cutting Costs for Millions

 

The federal government is capping non-sufficient funds fees at $10 starting March 12, reducing charges that can reach as high as $50.

New federal rules now cap non-sufficient funds (NSF) fees at just $10, offering major relief to Canadians who previously faced charges as high as $50. The changes, which took effect March 12, 2026, also limit how often banks can apply these fees and protect consumers from penalties on very small shortfalls. 


A Quick Look at the New Rules

  • NSF fees capped at $10 for personal deposit accounts nationwide.

  • No more than one NSF fee can be charged within two business days for the same account.

  • No NSF fee allowed if the account shortfall is under $10.

  • Previous NSF charges could reach $48–$50, making this a significant reduction.

Why This Matters

The federal government introduced these rules to ease financial pressure on Canadians, especially those living paycheque to paycheque. With more than one-third of Canadians incurring NSF fees annually, the new cap is expected to save households billions over the next decade. 

What Consumers Can Expect

  • Lower monthly banking costs
  • Fewer repeat penalties
  • More predictable and transparent fee structures


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