The Ontario Liberals' new plan to help curb soaring home prices and curtail questionable rental practices, particularly in the Greater Toronto Area, was met with mixed reaction Thursday. CBC Toronto reported earlier that renters in a hip Liberty Village condo were forced out after a 100 per cent increase in rent overnight. According to Murphy, the 16 measures do little to help renters or ease the supply-side pressure of the housing market. "Landlords might be a little upset, but it's the best rental market for them in 30 years, so they're doing fine," he said with a smirk. "It's going to help tens of thousands of people across Toronto and hundreds of thousands across Ontario."

Source: CBC News April 20, 2017 20:41 UTC