Tag Archives: landlord

Toronto Star Article: “Toronto’s Rents Were Supposed To Drop”

Recently the Toronto Star published (on March 21, 2021) a long article examining vacancy rates and average rents across the city of Toronto. You can read the article via the link below (the article might be behind a paywall). https://www.thestar.com/news/gta/2021/03/20/toronto-rents-were-supposed-to-drop-as-people-fled-the-city-during-covid-19-the-data-tells-a-much-different-story.html This article uses data gathered by CMHC and explains that in most neighbourhoods in Toronto average rents increased from 2019… Read more »

Taxing Vacant Rental Homes

      No Comments on Taxing Vacant Rental Homes

The St Catharines Standard, my local newspaper, recently published an article (on August 16) reporting on a recent city council debate and vote about one councillor’s suggestion to apply a special tax on “vacant homes” in the city to encourage landlords to rent them out instead of letting them sit vacant, and to use the tax proceeds to support the… Read more »