Ontario debates sharing tenant arrears data with credit agencies
Monday Dec 16th, 2024
ShareOntario is exploring a proposal to allow credit reporting agencies to access Landlord and Tenant Board (LTB) orders for renters with a history of missed payments. The plan, part of the province’s new Cutting Red Tape, Building Ontario Act, is intended to streamline tenant screening and give landlords greater confidence in prospective renters. It includes collaborating with registered consumer reporting agencies like Equifax and TransUnion. "Ontario is exploring the feasibility... [read more]