Calculating the Annual Rent Increase Guideline:
Please note: The Residential Tenancies Act was amended to reflect a zero per cent annual rent increase guideline for the years of 2022 and 2023. This comes into effect January 1, of each year. The method of calculating the annual rent increase guideline shown below is for references purposes only.
Typically, the rent increase guideline is set using a transparent method - the average annual change in the consumer price index for Manitoba (all-items) as published by Statistics Canada.
The method used to calculate the guideline is set out in the Residential Rent Regulation. The maximum permitted rent increase is determined as follows and expressed as a percentage, rounded to one decimal place:
Maximum permitted rent increase = 100 x (A-B)/B
In this formula,
For this purpose, the monthly consumer price index is the monthly consumer price index for Manitoba (All-items), as published by Statistics Canada under the authority of The Statistics Act (Canada). Despite the calculation determined above, the maximum permitted rent increase must be within the inflation-control target range that is adopted by the Bank of Canada, which is currently between 1% and 3%.A. is the average of the 12 monthly consumer price indexes for the 12-month period ending on June 30 of the year immediately before the date the maximum permitted rent increase takes effect; and
B. is the average of the 12 monthly consumer price indexes for the 12-month period immediately before the period described in A.
All-items Consumer Price Index (Manitoba)
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B |
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Previous year |
Current year |
July |
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Aug. |
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Sept. |
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Oct. |
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Nov. |
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Dec. |
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Jan. |
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Feb. |
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Mar. |
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Apr. |
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May |
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June |
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12-month average |
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