Friday, November 3rd

What You Need to Know About ‘Rent Reductions’

What’s In This Email

  • What you need to know about ‘rent reductions’

  • Can a zoning ‘revolution’ save us from a housing crisis?

  • Mean Girls sequel?

  • Stunning PowerPoint tricks for your next presentation

  • Notable Spotlight: iArtS Museum Pop-Up

  • Notable Plug 🔌

✍️ TAKE NOTE

What you need to know about ‘rent reductions’ in Ontario

Photo by Ketut Subiyanto

Are you renting in Ontario? Then here’s what you need to know about rent reductions and eligibility.

Key Takeaways

  • Rent reductions can be issued if amenities originally available to a tenant are taken away

  • Usually, this is a parking spot, backyard access, laundry, cable and/or internet

  • Rent reductions can also be sought when changes are made to the living space that may constitute a breach of the lease, such as a renovation resulting in a loss of square footage

  • To apply for a rent reduction, tenants must file a T3 form to the Landlord and Tenant Board within a year of losing the amenity 

  • Landlords do not need to be notified about the application by the tenant

Can a zoning ‘revolution’ save Canada from a housing crisis?

On Oct. 20, Mississauga Mayor Bonnie Crombie returned from her temporary leave to overrule a previous rejection by the city council and allow the building of four-unit housing on low-rise residential lots.

Key Takeaways

  • Cities in Canada are undergoing a zoning "revolution," with many municipalities making significant changes to zoning rules to address the housing crisis. Zoning restrictions have traditionally limited housing options to single-family homes or condo towers in residential areas, leading to the neglect of "missing middle housing" options.

  • The federal government's $4-billion Housing Accelerator Fund, launched in May, is a significant driver of rapid zoning changes. It incentivizes municipalities to make zoning changes, including constructing more fourplex and mixed housing units, to address housing shortages.

  • Experts argue that Canadian cities need to adapt zoning rules to meet the evolving needs of the population. Single-family housing doesn't cater to an aging population's desire to downsize. Zoning changes are essential to providing a wider range of housing options.

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 🌐 AROUND THE INTERWEBS  

A Mean Girls sequel? Sadly no, it’s a clever ad from Walmart, with the original cast!! (minus our Candian Queen Rachel McAdams aka Regina George).

Content 🤝 target market

@lindsaylohan

Get in, besties. We’re going shopping. #BlackFridayDeals go live next week. #BlackFriday #Sponsored

Want to impress in your next client meeting or creative presentation? Check out these stunning PowerPoint Tutorials by @lourrutia.ppt

@lourrutia.ppt

Easy PowerPoint Tutorial to create an amazing slide 🤩 #powerpoint #tutorial #mspowerpoint 🔎 ppt presentation ideas

🔦 NOTABLE SPOTLIGHT 🔦

Experience the ultimate art vibe at iArtS Museum, with 16+ incredible 3D installations, perfect for those Instagram-able moments.
580 King St. W 2nd Floor

November 5th, 11 am - 9 pm
Get tickets

🔌  NOTABLE PLUG

🎙️ Get Into It: Sarah is a journalist obsessed with the past. Every week, she reconsiders a person or event miscast in the public imagination. Listen on Apple or Spotify.

📄 Notable Hires: Head of Marketing @ RBC, Ownr. (Toronto, ON)

🎓 Hope This Helps: Wisdolia, create smart flashcards in seconds, not hours, from any material in any language.

🧠 Today, We Learned: NewBrew, a Singaporean beer made with recycled toilet water, was made to promote Singapore's "NEWater" water reclamation plants that turn sewage into drinking water.

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Notable Life is Canada's hub for young professionals, entrepreneurs, and culture generators operated by The Notable Group. Notable Daily inspires ideas and sharpens the minds of over 40,000 top-tier professionals in competitive industries.

Disclosure: While we utilize artificial intelligence (AI) to assist with certain aspects of content development, all information provided in our content is thoroughly vetted and edited by our team of humans. We strive to ensure the accuracy and reliability of all information. However, we recommend that readers conduct research or seek professional advice to make informed decisions. This email may contain sponsored content.