Ontario 2024 Rent Increase Guidelines 2024. The ministry of housing has confirmed the rent increase guideline for 2025 will remain at 2.5%, unchanged from 2024, and will be in effect through december 31st, 2025. Effective january 1, 2025, ontario is adopting the new 2024 ontario building code to replace the 2012 ontario building code.

Municipal affairs and housing minister steve clark says the rent increase guideline for 2024 is set at the. In announcing the threshold for next year, steve clark, the provincial minister of municipal affairs and housing,.