Post Image

The five most important things to know about renting in Canada

October 30, 2024

Newcomers may be unfamiliar with important information about renting in Canada.

For example, tenants can enjoy many protections under some provincial rental regulations but may fail to take advantage of these protections if they haven’t learned about them.

To give you the tools to navigate this foreign rental market, CIC News has compiled a short list of the most important things you need to know before renting a property in Canada.

Rent control

Some provinces have rent control regulations.

Such regulations limit when a landlord can raise the rent of a property, and by how much.

You may be able to save money by taking into account rent control regulations when choosing a property.

If rent control does not apply to your property, you might benefit from budgeting for larger increases on renewal.