What Bill 60 Actually Means For Landlords & Tenants

What Bill 60 Actually Means For Landlords & Tenants

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Episode
356 of 362
Længde
54M
Sprog
Engelsk
Format
Kategori
Økonomi & Business

Ontario's Bill 60 (Fighting Delays, Building Faster Act, 2025) introduces major changes to landlord-tenant law aimed at speeding up evictions and reducing Landlord and Tenant Board delays. The legislation shortens timelines for tenants to respond to eviction notices, limits their ability to raise defenses at hearings, and reduces compensation requirements for certain evictions. Faster evictions for non-payment: • Grace period cut from 14 days to 7 days, and tenants must now pay 50% of arrears upfront to raise maintenance issues as a defense Reduced tenant protections: • Tenants can no longer raise new issues at hearings without advance notice, and appeal timelines shortened from 30 to 15 days Lower eviction costs for landlords: • Landlords giving 120+ days notice for "own use" evictions no longer need to pay one month's compensation Exchange-Traded Funds (ETFs) | BMO Global Asset Management MULTIPLEX MASTERCLASS UGLY SWEATER HOLIDAY PARTY LISTEN AD FREE free 1 week trial for Realist Premium Deal Analyzer

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