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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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5 Things to Know Today: Key Money Stories Canadians Are Watching

 

1. Fintrac Warns of Rising Extortion‑Linked Transactions

Canada’s financial intelligence agency says criminal networks are increasingly using young international students to move money tied to extortion schemes, with over 63,000 suspicious transactions flagged so far in 2026. This highlights growing fraud exposure for small businesses and households.

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3. Ottawa to Announce New Homebuilding Measures

The Prime Minister is set to unveil new policies to accelerate home construction in Ottawa. Any supply‑boosting measures could influence housing affordability, construction sector activity, and mortgage‑market expectations.

4. Alberta Referendum Update Expected Today

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5. Rising Political Uncertainty in Quebec

Quebec’s new premier, Christine Fréchette, faces a “glass cliff” scenario as she leads an unpopular party into an election within six months. Political instability can influence provincial spending priorities, investor sentiment, and business confidence.


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