Under Section 131 of the Residential Tenancies Act (RTA), tenants are entitled to an automatic rent reduction when their landlord’s property taxes have been reduced by more than 2.49% from one year to the next. The City is required to send notices of rent reduction to landlords by September 15th and to tenants by December 15th. While the tenant does not have to get permission from the landlord to automatically reduce the rent, it is recommended that tenants talk with their landlords prior to the effective date on December 31st.

At the end of each year, a listing of rental residential properties is provided by the City. This listing outlines the reasons as to whether or not an automatic rent reduction applies to a property.