The petition below notes that Above Guideline Increases (AGI's) for renters are taking it's toll on seniors, people on other fixed incomes and those who are struggling to make ends meet by working two or more jobs. For example in the last thirteen years, the Brentwood Towers landlord alone, applied for and received AGI's nine times.
Please join this campaign:
http://chn.ge/157CZur
Tenants throughout Ontario are experiencing the same kind of increases, often, for capital projects. Landlords are not required to disclose their profit margins but we the tenants are paying their capital expenditures. For example last year The Brentwood Towers Tenant Association (BTTA) tenants were asked to pay $1m in extra capital costs and this year $2m. The Residential Tenancies Act needs to be amended, when it comes to AGI's, or eliminated all together.
Please sign the BTTA petition below and support hardworking Ontarians who pay high rents already and are hit with more increases that are not fully understood by the public.