The Ontario government has recently passed Bill 60, introducing a series of changes aimed at reshaping the province’s rental housing system. According to the government, the legislation is intended to help balance the rental market, increase housing supply, and reduce the growing backlog of cases at the Landlord and Tenant Board (LTB).
While the Bill outlines broad objectives, several specific amendments stand out for their potential impact on both landlords and tenants. Below is an overview of the key changes and what they mean in practical terms.
Key Changes Under Bill 60
1. Repossession of Rental Units for Personal Use
Under previous regulations, landlords seeking to repossess a rental unit for personal use were required to provide compensation to the tenant. Bill 60 removes this requirement, provided the landlord delivers at least 120 days’ notice to the tenant.
2. Reduced Rent Arrears Notice Period
The notice period related to rent arrears has been shortened. Previously, tenants had 14 days after receiving an N4 notice to address outstanding rent before further action could proceed. This timeframe has now been reduced to 7 days, accelerating the process for landlords to move forward with enforcement if rent remains unpaid.
3. Limitations on New Issues at LTB Hearings
Tenants attending LTB hearings for rent arrears are now restricted from raising new issues during these proceedings unless they pay 50% of the claimed arrears in advance.
Navigating the New Landscape
With these regulations now in effect, understanding your rights and responsibilities is more important than ever. Whether you are a landlord or tenant, staying informed can help you make timely and compliant decisions within this evolving system.
For more information on how to navigate these new processes and what they could mean for your specific situation, don't hesitate to contact us. We'd be happy to provide additional clarity and peace of mind.
Posted by Tanya Rocca on
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