Bill 103: Keeping People Housed Act, 2026

This bill primarily affects residential landlords and property managers in Ontario, from individual landlords renting out a single condo unit to large institutional property management companies with portfolios of apartment buildings. Day-to-day activities impacted include setting rents for new tenants (which must now be tied to the last lawful rent rather than set at market rate), filing mandatory statements with the Landlord and Tenant Board's new rent registry every time a lease is signed or rent changes, and planning renovations or demolitions (which now require engineering documentation, municipal approvals upfront, and either alternative housing or significant compensation for displaced tenants). Smaller landlords who relied on turnover to reset rents to market rates on newer units will be particularly affected, as will developers seeking to demolish or convert buildings with six or more rental units, who must now replace units at similar rents and implement tenant relocation plans.