111 LAWTON BLVD - TENANTS - AKELIUS CANADA LTD

LANDLORD AND TENANT BOARD UPDATE LTB July 30, 2020 Landlord and Tenant Board Expanding Services While Keeping Ontarians Safe During COVID-19 Recovery Today the Landlord and Tenant Board (LTB) announced it is gradually expanding services in August. However, all in-person service counters remain closed until further notice. Effective August 1, 2020, the LTB will: Begin to issue eviction orders that are pending; Start to issue consent eviction orders which are based on landlord and tenants settling their dispute through an agreement; Continue to hear urgent eviction matters related to health and safety that are scheduled; Start to schedule hearings for non-urgent evictions; and Conduct non-urgent eviction hearings starting in mid-August and into the fall. As services gradually resume, the LTB is strengthening its ability to deliver fair, effective and timely services during the COVID-19 outbreak by: Holding hearings by vide...

Ontario Consumer Price Index for June 2019 to May 2020  The potential rent increase for Ontario renters for 2021 is 1.5% unless the Ford government holds off on allowing landlords to implement the increase.  How the guideline is calculated It is calculated using the  Ontario Consumer Price Index ,  a Statistics Canada tool that measures inflation and economic conditions over a year. Data from June to May is used to determine the guideline for the following year. Consumer Price Index for Ontario June 2019 - May 2020 June 2 July 2.1 August 1.9 September 1.7 October 1.7 November 1.9 December 2.1 January 2.1 February 2 March 0.7 April -0.1 May -0.4 17.7 Divide by 12 1.5%                 Previous rent increase guidelines The chart below illustrates yearly rent increases, in Ontario, from 2016 to 2019. Increase for 2020 - 2.2% Year Guideline (%) 2019 1.8 2018 1.8 2017 1.5 2016 2.0 HOW A LANDLORD BENEFITS TWICE WITH THE ONTARIO ANNUAL...

LINK TO AKELIUS CANADA TORONTO TENANTS YOUTUBE CHANNEL UN accuses Toronto apartment owner of human rights abuses CBC REPORTS SUBMITTED TO THE UNITED NATIONS CONCERNING AKELIUS RESIDENTIAL BUSINESS PRACTICES IN CANADA, GERMANY AND ENGLAND Country:  Canada City / Location:  country-wide Period / Date:  since 2014 - ongoing Subject:  Information received concerning the impact of Akelius Canada’s business model on the right to housing of tenants in Akelius’ apartment blocks in Toronto and Montréal, which illustrates the negative impact of financialization of housing in Canada. LINK TO REPORT 27 Apr 2020 Canada AL CAN 1/2020 Country:  Other actors City / Location:  country-wide Period / Date:  since 2014 - ongoing Subject:  Information received regarding the impact of the business model of real-estate company Akelius on the human rights of tenants in the apartment blocks it owns in Canada, Germany and the United Kingdom. LINK TO REPORT 27 Apr 2020 Akel...

LINK TO AKELIUS CANADA TORONTO TENANTS YOUTUBE CHANNEL CASE BROUGHT BY AKELIUS CANADA LTD CITATION :   Akelius  Canada Inc. v. 2436196 Ontario Inc. et al., 2018 ONSC 6138                                                                                                   COURT FILE NO.:  CV-16-547529 MOTION HEARD:  20180613 SUPERIOR COURT OF JUSTICE - ONTARIO RE:                   Akelius  Canada Inc., Plaintiff AND: 2436196 Ontario Inc. and B’nai Fishel Corporation, Defendants BEFORE:       Master P.T. Sugunasiri COUNSEL:    Calina, V., Counsel for the Plai...