Under pressure to respond to widespread concerns about the cost of living, the government announced the removal of GST on new rental construction. The enhanced GST rental rebate will not be permanent.
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Ottawa residents can expect letters from Service Line Warranties of Canada (SLWC) to reach their mailboxes in the coming weeks. The letters will provide homeowners with detailed information related to the optional and voluntary Service Line Warranties program, including coverage options and the enrollment process for interested residents.
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Being a homeowner entails several additional duties related to property care. The owner cannot neglect to make necessary repairs and let their property deteriorate. All properties are subject to the City of Ottawa Property Standards bylaw and Property Maintenance bylaw. These bylaws are in place for legitimate reasons, such as maintaining health and safety standards and avoiding vermin infestations. According to the City, property owners are required to make necessary repairs, keep the property in good shape, and keep it up to bylaw requirements while also removing any hazards.
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With more than 80 per cent of Vacant Unit Tax (VUT) declarations completed, the Thursday, March 16 deadline is quickly approaching for those residential property owners who have not submitted their declaration. If a declaration is not filed – even if it is a principal residence – it will be deemed vacant and the VUT will be applied.
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An important Vacant Unit Tax (VUT) notice will be arriving in homeowners’ mailboxes or inboxes over the next week for each property they own. It provides information such as the roll number and access code and identifies the next steps in the process to file the required occupancy status declaration for the 2022 calendar year.
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The City has developed the Better Homes Ottawa Loan Program to help reduce greenhouse gas emissions in Ottawa. Please visit the Better Homes Ottawa website to learn more about the Program and how you can apply.
The Better Homes Loan program will make it easier and more affordable for homeowners to pay for home improvements over time as they save on their energy bills. Through the proposed Better Homes Loan program, Ottawa homeowners could get a low-interest loan of up to 10 per cent of the current value of their home to cover the cost of home energy improvements.
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Many tenants will see their rent go up in 2022 for the first time since 2020. This is because, in most cases, the government of Ontario didn’t allow any rent increases in 2021. For tenants not covered by the rent increase rules of the Residential Tenancies Act (RTA), the increase could be a lot.
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