MONTREAL, Jan. 25 /CNW Telbec/ - The Québec Landlords Association (APQ)
regrets that once again this year, the yearly rent increase percentages
released this morning by the Québec Rental Board don't reflect the
reality of rental housing in Québec. The current thirty year-old method
which came into use in 1981, continues to penalize investment in
residential rental properties in the Québec.
"With the rate increase for major building works remaining the same as
in 2010 at 3%, how can a landlord even begin to think of renovating his
or her building with a return on investment rate that is over 25 years
old? Furthermore, banks are not willing to lend the sums required for
major renovations. Consequently, landlords will only be in a position
to make urgent repairs, but not improvements!" states the APQ's
president, Martin Messier.
Nonetheless, the APQ points out that landlords who heat their buildings
with oil or natural gas will be able to raise rents this year due to
the fact that the rate is positive and not negative, as it was last
year. The position of these landlords is basically disregarded by the
current method. This is why reform is urgently needed and long overdue!
The APQ encourages all residential landlords in Québec to increase the
rents they will charge in 2011 according to the market in their
particular area. The APQ believes that an average increase of 3% would
not be excessive. In addition to the amount of this increase, they
should also factor in the property tax increases, as well as the cost
of any major work done to the building.
Landlords have very little latitude
Keep in mind that these rate increases are guidelines and that each
landlord must use the calculation forms to determine the increase in
their particular case. « The landlord and the tenant are free to
negotiate the yearly increase, and it's this freedom of contract that
must not be brought into question» emphasizes the APQ's President,
If the tenant feels that the increase is exaggerated, they are free to
speak to the landlord to discuss things. If the parties can't agree,
the tenant can refuse the increase. Then it's up to the landlord to
open a file at the Québec Rental Board which will calculate the
increase using the current method of calculation.
The latest report by the Canadian Mortgage and Housing Corporation
(CMHC) confirmed that rents in Québec are the lowest in Canada. In 2010
the average rent increase in Québec in 2010 was 3%.
In addition, with sharp increases in vacancies in certain regions of the
province, landlords will have no alternative than to keep their
increases low in order to retain their tenants, and when certain
expenses are not factored in now, then the landlord cannot claim them
in later years.
It is imperative that the reforms planned for this Spring abolish the
current rule of rent protection once the tenant doesn't renew and
leaves. The law should allow the rent to be adjusted to the then
prevailing market level. The law essentially protects the rental price
of a vacant apartment, something that is unnecessary and which must be
abolished in order to encourage free competition and open negotiations.
The APQ supports residential rental landlords
The APQ provides landlords with its own rental adjustment calculation
form in Excel format and the users of this file can input their data to
generate an increase which will allow the proper management of their
building. To obtain a free copy, contact the APQ at 1-888-382-9670, or
visit its website at www.apq.org. Landlords can download the file to their own computer, as well as save
It is also very important to be well informed of the rules concerning
lease renewals. For leases lasting 12 months and ending on June 30th, 2011, modification notices must be sent to tenants before March 31st, 2011.
The Estates General of the APQ
There will be a reform of the laws governing the Québec Rental Board in
the Spring. The APQ will be an active participant in the discussions
that will take place in parliamentary commissions and during the
The APQ, which stands for all residential property landlords in Québec,
is organizing an Estates General, or a general consultation for
landlords to voice their concerns and describe their problems and their
actual experiences, to help guide the APQ in its representations.
These consultations will take place in different cities in order to
allow all residential rental landlords, whether or not they are APQ
members, to express their concerns.
Tuesday, March 15th : Sherbrooke
Wednesday, March 16th : Granby
Tuesday, March 22nd : Drummondville
Wednesday, March 23rd: Ville de Québec
Thursday, March 24th: Trois-Rivières
Monday, March 28th: Montréal
Wednesday, March 30th : Gatineau-Hull
For any comments or questions, to register and for information on
meeting locations and times, please contact Nathalie Blais at
1-888-382-9670, ext 220.
Founded in 1984, the Québec Landlords Association (APQ) is the largest
association of its type serving owners of residential rental properties
throughout all regions of Québec.
SOURCE QUEBEC LANDLORDS ASSOCIATION
For further information:
Source: Kevin Lebeau, Communications Coordinator (514-382-970 poste 255)
For information: Martin Messier (514-382-9670, ext. 201) www.apq.org