44
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 17 Apr 2024
44 points (100.0% liked)
Canada
7203 readers
108 users here now
What's going on Canada?
Communities
๐ Meta
๐บ๏ธ Provinces / Territories
- Alberta
- British Columbia
- Manitoba
- New Brunswick
- Newfoundland and Labrador
- Northwest Territories
- Nova Scotia
- Nunavut
- Ontario
- Prince Edward Island
- Quebec
- Saskatchewan
- Yukon
๐๏ธ Cities / Local Communities
- Calgary (AB)
- Edmonton (AB)
- Greater Sudbury (ON)
- Halifax (NS)
- Hamilton (ON)
- Kootenays (BC)
- London (ON)
- Mississauga (ON)
- Montreal (QC)
- Nanaimo (BC)
- Oceanside (BC)
- Ottawa (ON)
- Port Alberni (BC)
- Regina (SK)
- Saskatoon (SK)
- Thunder Bay (ON)
- Toronto (ON)
- Vancouver (BC)
- Vancouver Island (BC)
- Victoria (BC)
- Waterloo (ON)
- Winnipeg (MB)
๐ Sports
Hockey
- List of All Teams: Post on /c/hockey
- General Community: /c/Hockey
- Calgary Flames
- Edmonton Oilers
- Montrรฉal Canadiens
- Ottawa Senators
- Toronto Maple Leafs
- Vancouver Canucks
- Winnipeg Jets
Football (NFL)
- List of All Teams:
unknown
Football (CFL)
- List of All Teams:
unknown
Baseball
- List of All Teams:
unknown
- Toronto Blue Jays
Basketball
- List of All Teams:
unknown
- Toronto Raptors
Soccer
- List of All Teams:
unknown
- General Community: /c/CanadaSoccer
- Toronto FC
๐ป Universities
๐ต Finance / Shopping
- Personal Finance Canada
- BAPCSalesCanada
- Canadian Investor
- Buy Canadian
- Quebec Finance
- Churning Canada
๐ฃ๏ธ Politics
- Canada Politics
- General:
- By Province:
๐ Social and Culture
Rules
Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:
founded 3 years ago
MODERATORS
This is the best summary I could come up with:
In statements to CBC News, the companies in question emphasized their commitments to their tenants, saying that they only file AGIs for essential capital projects like balcony and building repairs.
For Michael Cuadra, 31, who has lived with his parents in a Starlight-owned building since he was eight, the additional $27 a month the Toronto family would have to pay if a pending AGI is approved impacts what other essentials they can afford.
In a statement to CBC News, a Starlight spokesperson said the company "made investments to ensure the aging infrastructure could continue to be a safe and welcoming place for more than 423 residents to call home."
Realstar and Hazelview also referred questions to the Federation of Rental-housing Providers of Ontario (FRPO), whose members collectively own and manage about 350,000 rental homes across the province.
But Philip Zigman, the co-founder of RenovictionsTO, a volunteer-run project that tracks renter issues including AGIs in Toronto, says corporate landlords explicitly use them to maximize profits, often in terms such as "repositioning properties" or a "value-add strategy."
In a statement, a spokesperson for Tribunals Ontario said "only a portion of the above guideline rent increase sought in an application may be granted by the LTB," and that some cases that are considered approved are resolved by agreements between the landlord and tenant.
The original article contains 1,468 words, the summary contains 220 words. Saved 85%. I'm a bot and I'm open source!