Check the largest deposit a landlord can take in your province, including pet deposits, and the interest owed on it. Pick a province, or open its page for the full rules and official sources.
Largest total deposit allowed
$1,800.00
The only deposit allowed is a last month's rent deposit of up to $1,800.00, which pays the final month of rent. At the 2026 rate of 2.1%, a year of interest on it is $37.80.
Every province limits deposits to a fraction of a month's rent, except Quebec, which bans them. A separate pet deposit on top is allowed only in British Columbia and Manitoba. Interest rates are set each year.
| Province | Deposit limit | Pet deposit | 2026 interest |
|---|---|---|---|
| British Columbia | Half a month's rent | Up to half a month's rent more | 0% |
| Alberta | One month's rent | Only within the same limit | 0% |
| Saskatchewan | One month's rent | Only within the same limit | 0% |
| Manitoba | Half a month's rent | Up to one month's rent more | 0.5% |
| Ontario | One month's rent, last month's rent only | Not allowed | 2.1% |
| Quebec | Not allowed | Not allowed | None |
| New Brunswick | One month's rent | Only within the same limit | None |
| Nova Scotia | Half a month's rent | Only within the same limit | 0% |
| Prince Edward Island | One month's rent | Only within the same limit | 2.75% |
| Newfoundland and Labrador | Three quarters of a month's rent | Only within the same limit | 0% |
The calculator multiplies the monthly rent by the fraction the province allows, adds a pet deposit where the province allows a separate one, and rounds down to the cent. Where the province publishes a deposit interest rate, it shows one year of interest at the 2026 rate.
Largest deposit = monthly rent x the fraction of a month allowedLargest pet deposit = monthly rent x the pet fraction allowedOne year of interest = total deposit x the 2026 rate / 100The calculator opens on Ontario with rent of $1,800. The only deposit allowed is a last month's rent deposit of up to $1,800.00, which pays the final month of rent. At the 2026 rate of 2.1%, a year of interest on it is $37.80. Each province page walks through the same example under its own rules.
This page explains the general rules for private rentals and is not legal advice. Rules differ for some kinds of housing, and they change. For a specific situation, check with the tenancy tribunal in your province.
It depends on the province. British Columbia, Manitoba and Nova Scotia allow up to half a month's rent; Alberta, Saskatchewan, New Brunswick and Prince Edward Island allow up to one month's rent; Newfoundland and Labrador allows up to three quarters of a month's rent. Ontario allows only a last month's rent deposit, and Quebec allows no deposit at all.
British Columbia (up to half a month's rent) and Manitoba (up to one month's rent). Elsewhere, any pet deposit has to fit inside the one deposit limit, or is not allowed at all.
Most provinces require interest, but the 2026 rate is 0% in several. It is above zero in Manitoba (0.5%), Ontario (2.1%) and Prince Edward Island (2.75%).
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