Rent increases capped at 1.8% for 2018

(Newswatch Group/Bill Kingston, File)

TORONTO – The province has set the 2018 ceiling for how much a landlord can raise your rent.

The Ontario government announced Friday, the maximum landlords can raise a tenant’s rent next year is 1.8 per cent.

The maximum increase is based on the consumer price index – a measure of inflation.

Landlords can still apply to the Landlord and Tenant Board for an increase above the guideline, based on certain circumstances.

Roughly a quarter of all households in Cornwall and SD&G are rental properties and 70 per cent of those are within city limits in Cornwall, according to local social services data.

Rent in Cornwall, based on Cornwall’s 2016 Data Book, was an average of $631 a month for a one bedroom apartment and $778 for a two bedroom.