Historical Rent Increase Guidelines
The annual guideline is the maximum amount that a landlord may increase the rent without making an application to the Landlord & Tenant Board.
| 2024 | 2.5% |
| 2023 | 2.5% |
| 2022 | 1.2% |
| 2021 | NO INCREASE |
| 2020 | 2.2% |
| 2019 | 1.8% |
| 2018 | 1.8% |
| 2017 | 1.5% |
| 2016 | 2.0% |
| 2015 | 1.6% |
| 2014 | 0.8% |
| 2013 | 2.5% |
| 2012 | 3.1% |
| 2011 | 0.7% |
| 2010 | 2.1% |
| 2009 | 1.8% |
| 2008 | 1.4% |
| 2007 | 2.6% |
| 2006 | 2.1% |
| 2005 | 1.5% |
| 2004 | 2.9% |
| 2003 | 2.9% |
| 2002 | 3.9% |
| 2001 | 2.9% |
| 2000 | 2.6% |
| 1999 | 3.0% |
| 1998 | 3.0% |
| 1997 | 2.8% |
| 1996 | 2.8% |
| 1995 | 2.9% |
| 1994 | 3.2% |
| 1993 | 4.9% |
| 1992 | 6.0% |
| 1991 | 5.4% |
| 1990 | 4.6% |
| 1989 | 4.6% |
| 1988 | 4.7% |
| 1987 | 5.2% |
| 1986 | 4.0% |
| 1985 | 6.0% |
| 1984 | 6.0% |
| 1983 | 6.0% |
| 1982 | 6.0% |
| 1981 | 6.0% |
| 1980 | 6.0% |
| 1979 | 6.0% |
| 1978 | 6.0% |
| 1977 | 8.0% |
Interest on Last Month’s Rent Deposit
As of February 1, 2007, the guideline is also used to calculate the amount of annual interest that landlords must pay tenants on the last month’s rent deposit. From 1975 to January 31, 2007, the interest rate on deposits was 6.0%.