The Manitoba government will let landlords boost rents in 2016, but not by much.
Under the province’s rent controls, rents at most residential rental properties will go up no more than 1.1 per cent next year.
Consumer Protection Minister Ron Lemieux said rent controls are based on input from tenants and landlords with the goal of “ensuring full consumer protection and continuing to make Manitoba one of the most affordable places to live in Canada.”
Manitoba rent controls do not apply to certain rental units, including personal care homes and any unit renting for $1,435 or more per month as of Dec. 31, 2015.
Non-profit housing with subsidized rent is exempt, as are approved rehabilitated rental units.
Also exempt are buildings that are less than 15 years old, where an occupancy permit was first issued or a unit first occupied after April 9, 2001; and buildings that are less than 20 years old, where an occupancy permit was first issued or a unit first occupied after March 7, 2005.
Landlords can apply for an increase above the set limit if they demonstrate that a 1.1 per cent increase will not cover cost increases they have incurred.
