Ontario 2024 Rent Increase Guideline Changes. This latest development brings a degree of predictability and. Municipal affairs and housing minister steve clark says the rent increase guideline for 2024 is set at the same rate as for this year, and he notes that it is below the average inflation.

Municipal affairs and housing minister steve clark says the rent increase guideline for 2024 is set at the same rate as for this year, and he notes that it is below the. The maximum annual rent increase that a landlord may impose on the majority of tenants.