BC Rental Increase

• B.C. sets maximum allowable rent increase for 2024 below inflation rate

  The 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.

  Economy

  Sep 11, 2023
  
• B.C.’s maximum rent increase set at 1.4% for 2021

  Back 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 2019

  The increase will now be limited to inflation, which is 2.5 per cent for this year.

  Economy

  Sep 26, 2018