Bill 60 Explained - What Does It Actually Mean?
Bill 60, the Fighting Delays, Building Faster Act 2025, is the province’s latest attempt to speed up hearings, improve procedures for rent arrears, streamline adjudication processes, and place greater emphasis on reducing systemic delays at the LTB. These updates are designed to create a more efficient and predictable rental framework, giving both landlords and tenants clearer timelines and stronger outcomes.
One of the most noticeable improvements is the shortened appeal period for LTB decisions. Instead of waiting 30 days for an order to become final, landlords and tenants now have 15. Cutting this window in half helps eliminate long stretches of downtime where no progress is made, allowing investors to act with more certainty.
The rules around non-payment have also tightened. Landlords can now file for eviction after 7 days of unpaid rent instead of the previous 14. For anyone managing carrying costs across multiple units, this shorter timeline reduces the financial uncertainty that comes with extended arrears.
Limiting Delays and Closing Loopholes
Bill 60 also takes aim at procedural delays that often dragged hearings off track. Tenants who want to bring up unrelated issues during an arrears hearing must now pay 50% of what they owe before raising those concerns. This keeps hearings focused and prevents last-minute detours that stretch the process for months.
Another financial improvement is the removal of the one-month rent compensation requirement for owner-use evictions. This change eases the cost burden on small landlords and homeowners who genuinely need to reclaim their unit.
The legislation also introduces a clearer route for dealing with tenants who chronically pay rent late. The government will now define “persistently late,” creating a legal pathway for landlords to address ongoing payment issues rather than treating each late month as an isolated event.
A More Functional System
Bill 60 pairs these updates with stronger enforcement. The LTB will have limited ability to reopen finalized orders, giving decisions more stability. Additional enforcement resources should help reduce the backlog that has slowed the system for years.
Smoother Value-Add and Renovation Projects
Investors focused on redevelopment or repositioning projects will notice the difference in the newly streamlined N13 process. Renovation and demolition applications will become more transparent and easier to navigate, which is key for value-add timelines and budget accuracy.
What This Means for Investors
Altogether, Bill 60 pushes Ontario toward a more efficient, predictable, and investor-friendly rental environment. The benefits add up:
- Faster decisions reduce carrying costs
- More predictable outcomes improve underwriting
- Higher rent collection reliability strengthens cash flow
- A clearer path for late-payment cases improves stability
- Streamlined N13 rules make value-add projects easier to execute
- Reduced backlogs restore confidence in the system
Bill 60 won’t solve every challenge in Ontario’s rental market, but it’s a meaningful step toward a smoother, more balanced process. For investors, the improved structure and speed make planning, operating, and scaling rental portfolios much more manageable.
