Rent adjustment: here’s how much more your landlord will be able to claim from you this year

Renters in Quebec can expect a rent increase of at least 2.3% this year, a rate that has increased by half since last year due to inflation.

• Read also: Slight decline in inflation in Canada

• Read also: Inflation: half of Canadians pessimistic about their salary

• Read also: The risk of a recession in 2023 is still 50%, estimates Girard

Thus, the Administrative Housing Tribunal (TAL) proposes, in its annual rent adjustment calculation, a rent increase of 2.3% for unheated accommodation, a rate that rises to 2.9% taking into account an increase in municipal taxes of 5%.

Owners of heated accommodation can pass on to their tenants increases of 2.8% for an electric heating system, 4.5% for gas heating or 7.3% for oil.

These rates serve as a reference to set the annual rent increase, but may be higher depending on municipal taxes or work planned in an apartment, for example.

Inflation requires, the rate of 2.3% proposed by the TAL this year is 56% higher than last year, when the court had proposed an increase of 1.3% for unheated rents. The rates fluctuated between 1.3% and 3.7% for the different types of heating.

Remember that in Quebec, a tenant has the right to refuse the rent increase imposed by his landlord. Failing to reach an agreement, the two parties can contact the TAL, which will set the rent increase.

In concrete terms, the TAL had to settle 1,715 disputes between landlords and tenants in 2022, granting an average rent increase of 3.1%.

Related Articles:  Small rise in sight in Europe while waiting for central banks

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.