REVENUE OPTIMIZATION & DEVELOPMENT PROGRESS
2023 RENT CONTROL BY PROVINCE
Province (1)
British Columbia
Ontario (2)
Nova Scotia (3)
Prince Edward Island
New Brunswick
Manitoba
Apartments
2023
2.0%
2.5%
2.0%
0%
Quebec (4)
0%
N/A
Newfoundland, Alberta, and Saskatchewan do not have rent control restrictions.
Killam
APARTMENT REIT
(1) The listed provinces only have rent control on renewals (current tenants) and rents can move to market on new leasing, except for Prince
Edward Island (PEI). Rent control in PEI is at the unit-level.
(2) The Ontario government announced a 2.5% 2023 Allowable Guideline Increase (AGI) for lease renewals (for pre-2018 rentals).
(3) The Government of Nova Scotia has placed a temporary 2.0% cap of rental increases for existing tenants. The rent cap will remain in place
until December 31, 2023. The province does not currently have legislated rent control.
(4) In Quebec, landlords may set rent increases as they see fit; however, each year, the Tribunal Administratif du Logement of Quebec calculates
a recommended basic increase. For 2023, the advised percentages are 2.3% for an unheated dwelling, 2.8% when heated by electricity, 4.5%
when heated by gas, and 7.3% when heated by oil.
March 2023 | Page 15View entire presentation