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IN THE KNOW 2013 RENT INCREASE GUIDELINES Each year, the provincial governments which impose rent control set a guideline rent increase for landlords for the upcoming year. In most of those provinces, the guideline rent increase is FDOFXODWHGZLWKUHIHUHQFHWRLQĂ DWLRQ HJWKH&RQVXPHU3ULFH ,QGH[ &3, IRUWKHSURYLQFH 6RPHSURYLQFHVORRNDWVSHFLĂ€F FRPSRQHQWV ZLWKLQ &3, 2WKHUV DGMXVW WKH &3, WR UHDFK D GLIIHUHQW JXLGHOLQH )RU H[DPSOH %& DGGV  WR WKH &3, DPRXQWZKHUHDV2QWDULRXVHVWKHDPRXQWRIWKH&3,VXEMHFW WRDĂ RRURIDQGDFDSRI IRUDQGHDFKRIWKH IROORZLQJWKUHH\HDUV 

can challenge the rent increase at the Rental Board. Barring XQXVXDOFRVWVIRUDSDUWLFXODUEXLOGLQJWKH5HQWDO%RDUGZLOO usually apply for the following guidelines for rent increases IURP$SULOWR$SULO 'ZHOOLQJVKHDWHGE\IXHORLO 'ZHOOLQJVKHDWHGE\QDWXUDOJDV 'ZHOOLQJVKHDWLQJE\HOHFWULFLW\ 8QKHDWHGGZHOOLQJV Other Provinces

RENT GUIDELINES

7KHSURYLQFHVQRWOLVWHGDERYHGRQRWOLPLWWKHDPRXQWRIDUHQW increase, although they do usually control the timing of a rent increase relative to the last rent increase or the commencement RIWKHOHDVH&XUUHQWO\IUHHRIFRQWURORQWKHDPRXQWRIUHQW LQFUHDVHDUHUHQWDOXQLWVLQ1HZIRXQGODQGDQG/DEUDGRU1HZ %UXQVZLFN6DVNDWFKHZDQ$OEHUWDDQG1RYD6FRWLD H[FHSW IRUODQGOHDVHORWUHQWDOVLQ1RYD6FRWLD 

Ontario:Manitoba:British Columbia

HAMILTON LANDLORD LICENSING STATUS

7KHJXLGHOLQHLVWKHPD[LPXPDPRXQWE\ZKLFKPRVWODQGORUGV FDQLQFUHDVHDWHQDQW¡VUHQWGXULQJWKH\HDUZLWKRXWPDNLQJDQ application to the Landlord and Tenant Board or Rental Board WKHQDPHRIZKLFKYDULHVIURPSURYLQFHWRSURYLQFH 

PEI:+HDWHGSUHPLVHV8QKHDWHGSUHPLVHV 0RELOHKRPHVLWHRQO\LQDPRELOHKRPHSDUN Nova Scotia/DQGOHDVHFRPPXQLWLHV RQO\  ,QPRVWFDVHVWKHUHQWIRUDXQLWFDQEHLQFUHDVHGLIDWOHDVW PRQWKVKDYHSDVVHGVLQFHWKHWHQDQWĂ€UVWPRYHGLQRUVLQFH his or her last rent increase. Depending on the province, the WHQDQW PXVW JHQHUDOO\ EH JLYHQ SURSHU ZULWWHQ QRWLFH RI WKH UHQWDO LQFUHDVH DW OHDVW WZR PRQWKV WR VL[ PRQWKV EHIRUH WKH UHQWLQFUHDVHWDNHVHIIHFW Quebec 7KH4XHEHFV\VWHPLVGLIIHUHQWIURPWKHV\VWHPLQWKH(QJOLVK VSHDNLQJSURYLQFHVEHFDXVHLQ4XHEHFWKHODQGORUGFDQJLYH DQRWLFHDWZKDWHYHUUHQWWKHODQGORUGFKRRVHVEXWWKHWHQDQW

7KH&LW\RI+DPLOWRQ3ODQQLQJ&RPPLWWHHPHWRQ'HFHPEHU WRFRQVLGHUOLFHQVLQJODQGORUGV'XHWRWKHVWUHQXRXV efforts of the Hamilton & District Apartment Association +'$$  DQG WKH SXEOLFLW\ JLYHQ WR WKH PHHWLQJ DQG WKH issue in RHB Magazine, hundreds of landlords turned out to oppose licensing. 7KH+DPLOWRQ3ODQQLQJ&RPPLWWHHUHFRJQL]HGWKHODQGORUG opposition to licensing, and deferred a decision until further FRQVXOWDWLRQ FDQ RFFXU ZLWK +'$$ +'$$ 3UHVLGHQW$UXQ 3DWKDNWROG5+%´7KH&LW\KDGQRWWDNHQODQGORUGVVHULRXVO\ EHIRUH WKH 'HFHPEHU  PHHWLQJ :LWK WKH WXUQRXW DW WKH PHHWLQJ DQG +'$$¡V RWKHU DGYRFDF\ ZRUN WKH &LW\ QRZ UHDOL]HV WKDW WKH\ KDYH WR WDON WR XV VHULRXVO\ DQG WDNH RXU concerns and suggestions into account.� Continued on page 26

It’s easy to sub-­meter with EnerCare. It’s easy to say ‘yes’ For more information about sub-­metering, Call 416-­649-­1900 or visit EnerCare.ca for complete details.

24 february 2013


Continued from page 24

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7RDGGUHVVWKH&LW\¡VFRQFHUQVDERXWEXLOGLQJPDLQWHQDQFH HDAA has put forward measures other than licensing, which ZRXOG EH OHVV FRVWO\ DQG PRUH HIIHFWLYH +RSHIXOO\ WKH &LW\ ZLOODJUHHWKDWIRUFLQJUHVSRQVLEOHODQGORUGVWKURXJKWKHFRVWV DQGEXUGHQRIOLFHQVLQJLVQRWDVHQVLEOHZD\WRSURFHHG

ANNUAL ASSESSMENT APPEAL AND APPLICATION DEADLINES PROVINCES & MUNICIPALITIES

REASSESSMENT CYCLES

PROJECTED ASSESSMENT NOTICE MAILING DATES

APPEAL DEADLINES

British Columbia

2013

December 31, 2012

January 31, 2013

Alberta

2013

Municipalities Vary

60 Days from Mailing

Calgary

2013

Start of January 2013

60 Days from Mailing

Edmonton

2013

Start of January 2013

60 Days from Mailing

2013 - 2016

January 2013

60 Days for Revaluation Year

Municipalities Vary

15 Days Prior to Board of Revision

June 1, 2012

June 21, 2012

SMART

Saskatchewan

s energy Manitoba costs and 2012 - 2013 Winnipeg w revenue stream2012 - 2013 Ontario

2013 - 2016

Sept – Nov 2012

March 31, 2013

Quebec

Tri-Annual

Municipalities Vary

By April 30 Following a Reassessment

Montreal

2011 - 2013

September 15, 2010

April 30, 2011

Quebec City

2013 - 2015

September 14, 2012

April 30, 2013

New Brunswick

2013

March 1, 2013

21 Days from Mailing

Nova Scotia

2013

Early January 2013

31 Days from Mailing

Prince Edward Island

2013

SMARTER 1 Week of May 2013 90 Days from Mailingincreases NOI by creat

Newfoundland

2013 - 2015

October 1, 2012

30 Days from Mailing

more data transfers Projected Dates Vary. Contact Cushman & Wakefield Property Tax Services for further details.

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