Vancouver city council has approved more robust rules to protect renters.
More than 50 per cent of households in Vancouver are renters. The city of Vancouver also provides nearly half of the rental housing in the entire Lower Mainland and more than a quarter of the rental housing for all of B.C.
The city says its first priority is to protect affordable housing, but yesterday it set clear targets for compensating and supporting tenants who are displaced through renovations or redevelopment.
It says renters face mounting challenges due to low vacancy, rising rents and renovictions.
The recommendations include expanding tenant relocation plan requirements to all zoning districts, except single family, industrial, and agricultural areas, increasing tenant compensation, with up to six months of free rent for tenancies over 20 years, increasing compensation for moving costs, up to $1,000, additional support for vulnerable tenants and requiring developers to provide tenants who request assistance a minimum of three options for alternative accommodation at no more than Canada Mortgage and Housing Corporation average rents for the area.
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