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Legislation

Half of $500K Sudbury social housing writeoffs due to damaged units

Posted in Bylaws / Regulations, Communications, Finance, Fire Safety, Health & Safety, Housing, Industry Trends, Insurance, Interior Building, Legal, Legislation, Maintenance, Newsworthy, Real Estate Law, Tenancy Law

Half of $500K Sudbury social housing writeoffs due to damaged units

Crisis at Landlord/Tenant Board makes complicated eviction process harder, council told. Evicting tenants who damage their social housing units or don’t pay their rent is a complicated process made much harder by problems at the Landlord/Tenant Board, city council heard this week. Barbara Dubois, the city’s director of housing operations, outlined the process Tuesday for addressing issues with problematic clients of Greater Sudbury Housing Corp. The city has 1,848 housing units,...

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Big city rental blues: a look at Canada’s rental housing deficit

Posted in Appraisal, Bylaws / Regulations, CMHC, Communications, Development, Finance, Housing, Industry Trends, Legal, Legislation, Newsworthy, Real Estate Law, Tax Law, Tenancy Law

Big city rental blues: a look at Canada’s rental housing deficit

A new report on Canada’s rental market argues for a new policy approach in favour of building new rental supply. Learn what this means for Canada’s biggest cities. Canada’s largest cities have a rental housing deficit. Strong demand has pushed rental vacancy rates to historically low levels and rents are now reaching uncomfortable highs. In the coming years, rental demand is only set to go up—way up in the case of Toronto and Vancouver, where high home prices have crushed some...

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Airbnb’s $30 Billion Listing Must Do More for Cities

Posted in Appraisal, Bylaws / Regulations, Communications, Finance, Housing, Industry Trends, Insurance, Legal, Legislation, Newsworthy, Real Estate Law, Tenancy Law

Airbnb’s $30 Billion Listing Must Do More for Cities

Which would you prefer: cheaper rent or a cheaper holiday rental? I’d wager heavily that most people would answer “rent.” It’s a bigger slice of personal spending. Short-term accommodation accounted for just 1% of U.S. household budgets in 2016, compared to the 16% spent on housing, according to analysis from the Economic Policy Institute, a think tank based in Washington, D.C. The rise of the sharing economy means the prices of both are linked more than ever. Airbnb Inc., which revolutionized...

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Licensing Saskatoon landlords unlikely, but rental issues persist

Posted in Bylaws / Regulations, Communications, Housing, Industry Trends, Legal, Legislation

Licensing Saskatoon landlords unlikely, but rental issues persist

City council committee endorses more education and improved enforcement. Saskatoon seems likely to pass on requiring landlords to obtain a licence, but city hall is still struggling with how to address problem rental properties. A city council committee backed a strategy Tuesday to educate landlords and tenants and ramp up enforcement of property maintenance complaints, even though some questioned whether it will be effective. Mayor Charlie Clark said he’s not convinced the strategy will...

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Landlords threatening class action lawsuit against government if reforms not made

Posted in Bylaws / Regulations, CMHC, Communications, Finance, Housing, Industry Trends, Legal, Legislation, Newsworthy

Landlords threatening class action lawsuit against government if reforms not made

‘It’s ridiculous now. It’s crazy, It’s totally broken down’ Landlords in Ontario are losing patience with lengthy delays at the governing board which oversees the industry, and is ready to go to court to get changes, John Wilson is on the steering committee for the Affordable Housing Providers of Ontario, which is an umbrella organization representing landlord associations across Ontario. H says his group submitted suggestions in June to the government to reform...

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Ontario landlords aren’t the problem, the Landlord and Tenant Board is

Posted in Bylaws / Regulations, Communications, Finance, Health & Safety, Housing, Industry Trends, Insurance, Legal, Legislation, Newsworthy, Real Estate Law, Tenancy Law

Ontario landlords aren’t the problem, the Landlord and Tenant Board is

Adam Kitchener is a landlord with properties in Ontario. He has provided affordable housing to over 150 families including 60 refugees. He has also repositioned several large struggling multifamily complexes and works for landlords to provide quality housing across Ontario. Despite what you might have seen In the media, most landlords aren’t raising rents in a get-rich quick scheme. In fact, in today’s rental climate, many landlords of small- to medium-sized properties are barely breaking...

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Federal ministers mandate letters released – capital gains review to proceed

Posted in Appointments, Bylaws / Regulations, Communications, Development, Employment, Finance, Health & Safety, Housing, Industry Trends, Legal, Legislation, Newsworthy, Real Estate Law, Tax Law, Tenancy Law, Utility Management

Federal ministers mandate letters released – capital gains review to proceed

On Friday, December 13, 2019, the federal government published the mandate letters given to the new (and re-appointed) cabinet ministers. This CFAA Newsletter addresses the elements of those letters which are the most important to rental housing providers. These fall into three areas, namely housing policy and programs, tax policy and programs and energy regulations and programs.  Those areas are addressed by five ministers. The mandate letter to the Minister of Finance strongly suggests that...

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Mayor John Tory pitches tax hike to fund transit & housing

Posted in Appraisal, Bylaws / Regulations, Communications, Finance, Housing, Industry Trends, Legislation, Newsworthy, Tax Law

Mayor John Tory pitches tax hike to fund transit & housing

Toronto taxpayers may have to dig a little deeper. Average homeowner can expect to pay $43 more per year starting in 2020. Mayor John Tory says he will go before council later this month with a plan to increase the City Building Fund in the upcoming 2020 budget — initially meant to top out at 2.5% by 2022 — but now expected to peak at 10.5% by 2025. “By approving an increase in this levy … and extending it over the next five years, we can raise needed funds that will be dedicated to improving...

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LTB Monetary Jurisdiction Increasing in New Year

Posted in Bylaws / Regulations, Communications, Housing, Industry Trends, Legal, Legislation, Newsworthy, Real Estate Law, Tenancy Law

LTB Monetary Jurisdiction Increasing in New Year

As of January 1, 2020, the maximum amount that may be claimed in Small Claims Court will increase from $25,000 to $35,000. Because the Landlord and Tenant Board’s (the “LTB”) monetary jurisdiction is equivalent to that of the Small Claims Court, the LTB’s jurisdiction will also be increasing from $25,000 to $35,000. A claim that was filed with the LTB before January 1, 2020 will continue to be limited to $25,000. Landlords who have large damage claims or rent arrears...

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Today’s letters: Landlords need protection too

Posted in Bylaws / Regulations, Communications, Finance, Housing, Industry Trends, Legislation, Newsworthy

Today’s letters: Landlords need protection too

It’s all well and good to strengthen tenants’ rights, but landlords put up with lots of abuse too, says one letter-writer to the Ottawa Citizen. The letter read: How about protecting landlords from abuse? I see that Ottawa Council is contemplating new regulations for landlords. These proposed regulations are designed to protect tenants and include such provisions as a requirement that landlords provide contact information to tenants; instructions for waste management; a large fee...

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