Helping People to Find Good, Affordable HousingPublished on November 28, 2018
Ontario Government to Protect Rent Control for Existing Tenants in Mississauga-Malton
Mississauga, ON – Effective November 15, Ontario’s Government for the People is taking steps to expand the supply of homes and rental properties, while protecting rent control for existing tenants.
As part of the new Housing Supply Action Plan, our government is developing a new strategy to help increase housing supply quickly and responsibly so people can find quality, affordable homes.
“The truth is housing supply has not kept up with the population growth, driving up home prices and rental rates,” said MPP Deepak Anand. “We need to alleviate these pressures by finding ways to build more housing and rentals for the people of Mississauga-Malton.”
To make rent more affordable and encourage more housing to be built, the government will adopt a balanced approach that exempts new rental units from rent control, while keeping rent control for existing rental units.
“Our Government has been clear, we will protect rent control for tenants of existing rental units,” said MPP Deepak Anand. “This balanced approach will create the right conditions to increase the supply of rental units, while protecting existing renters.”
“In communities all across Ontario, people are struggling to find housing they can afford,” said Steve Clark, Minister of Municipal Affairs and Housing. “We’re taking action to help create more housing faster, give people more choice and bring down housing costs.”