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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
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@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
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🔌 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.