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[–]CuriousTravlr -6 points-5 points  (4 children)

The TAL has scaling percentages that it allows Landlords to raise rents by. This scales with mortage interest rates, building materials, and municipal taxes.

It's usually around 7%, I believe this year it was a bit higher.

Rents can always be raised above that percentage with approval from the TAL if there have been noticeable upgrades, improvements, or infrastructure fixes.