BC Rental Increase
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B.C. landlords win ruling to increase rent by 23.5% over two yearsIn April 2023, two landlords in B.C. asked tenants to consider an additional rent increase of $500 a month. The tenants said no, but the Residential Tenancy Branch said yes.EconomyAug 15
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B.C. sets maximum allowable rent increase for 2024 below inflation rateThe B.C. government said the rent cap is 'well below' the 12-month average inflation rate of 5.6 per cent and applies to rent increases on or after Jan. 1, 2024.EconomySep 11, 2023
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B.C.’s maximum rent increase set at 1.4% for 2021Back in March the province placed a ban on rent increases, which will remain in place until the end of the year.Sep 3, 2020
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B.C. government cuts automatic 2% increase in annual rent allowance for 2019The increase will now be limited to inflation, which is 2.5 per cent for this year.EconomySep 26, 2018
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