Rental board will issue rent guide after all
Good news in you're a tenant.
The rental board has now decided it will release a rent guide, for now.
There was word earlier that the guide would be stopped, but it wasn't entirely clear why.
Ted Wright, with the Westmount legal clinic, was a guest on the Aaron Rand show.
"Tenants now have a little more ammunition on how to figure out what their rent increase may be. I say a little more because most of the information, what the landlord has, and if the tenants don't have any idea, the landlords can come up and say it's 5 per cent this year, whereas perhaps electricity is only gone up 1 per cent", said Wright on Thursday.
Wright added the real way to figure out the rent is to use the calculation form on the rental board website, but the right figures from the landlord are needed.