While searching on Canlii a few days ago, I can across this fresh new Divisional Court Decision. I’ve discussed before about how new immigrants are often discriminated against and they have to pay large multi month deposits before landlords will rent to them. Well, guess what, those landlords now have to pay interest on those large deposits. In this case $90,000 so it’ll add up quickly.
Frankly I find this kind of deposit to be overreaching on the part of the landlord.