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Residential Tenancy Reform Consultation Paper

Residential Tenancy Reform Consultation Paper - Michael Walker

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RESIDENTIAL TENANCY REFORM CONSULTATION PAPER<br />

5. What should be done if landlords fail to properly maintain rental buildings?<br />

Circle as many as apply.<br />

a) Do not allow any rent increases if a landlord has not complied with a work order.<br />

b) Do not allow any above-guideline rent increases if a landlord has not complied with a work order.<br />

c) Expand what the Ontario Rental Housing Tribunal can order a landlord to do when a tenant reports inadequate<br />

maintenance. New options could include forbidding rent increases or forcing the landlord to permanently lower the rent.<br />

d) No opinion/don’t know.<br />

REGIONAL DECONTROL<br />

In some communities, where there is a high vacancy rate, strict rules about rent aren’t always necessary. To help encourage<br />

developers to build new rental apartments, the government is looking at removing the rent controls when vacancy rates<br />

are high. This is known as “regional decontrol.”<br />

6. In your opinion, how high should a region’s vacancy rate be before the government looks at removing<br />

rent controls?<br />

Circle one.<br />

a) 3 per cent.<br />

b) Higher than 3 per cent.<br />

c) No opinion/don’t know.<br />

7. If a region is decontrolled what rent rules should be eliminated?<br />

Circle one.<br />

a) Eliminate rules around rents for new tenants, the annual rent increase guideline and above-guideline increases.<br />

b) Eliminate rules around rents for new tenants, but keep rules around the annual rent increase guideline and aboveguideline<br />

rent increases.<br />

c) No opinion/don’t know.<br />

INTEREST ON RENT DEPOSITS<br />

Right now, landlords can require tenants to pay one month’s deposit in order to move in. Landlords must use this money<br />

for the last month the tenant lives in the rental unit. Until the tenant leaves, landlords must pay the tenant 6 per cent<br />

interest per year on the deposit.<br />

8. What interest rate should be paid on rent deposits?<br />

Circle one.<br />

a) Change it to a fixed rate of 3 per cent.<br />

b) Keep it at a fixed rate of 6 per cent.<br />

c) Change it to a variable rate. This rate could be based on the inflation rate, or on the interest rate on a common type<br />

of investment such as a Guaranteed Investment Certificate.<br />

d) No opinion/don’t know.<br />

40

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