2024 Cost Of Living Increase Ontario 2024. Toronto — the ontario government is continuing to strengthen protections for tenants by holding the rent increase guideline for 2024 at 2.5 per cent, well below the average. Heading into 2024, the concern shifts from inflation to the potential for a recession.
With the cost of living still increasing too quickly, and with growth subdued, the next two to. Despite a higher percentage of established canadians having a larger household income compared to new canadians, the survey found that 36 per cent of established.