B.C. rent increase can’t go over 4.5% next year

Provincial formula based on inflation plus 2% increase

Rent increases are regulated by a cost of living formula in B.C. (Black Press files)

Renters in B.C. may see increases of up to 4.5 per cent in 2019, based on the province’s formula for regulating rental rates.

B.C. legislation restricts landlords to one increase in a calendar year, capped at the consumer price index for the year plus two per cent. For 2019 the index is projected to be 2.5 per cent, the municipal affairs and housing ministry announced Friday.

RELATED: B.C. plugs short-term lease loophole

For people renting in manufactured home parks, the maximum increase is the same, plus a proportional amount for increases in local government charges and utility fees.

Landlords must provide three months notice for rent increases. Assistance in dealing with disputes over rent, landlord access, inspections and other issues is available through the B.C. Residential Tenancy Branch.


@tomfletcherbc
tfletcher@blackpress.ca

Like us on Facebook and follow us on Twitter.

Just Posted

Giants serve up major defeat to Pats at Langley Events Centre

On the ice, Vancouver G-Men wrap up home stand with a 10-4 win over Regina Friday night.

A GoFundMe for the goats

Matthew Farden surpassed his fundraising goal for Aldergrove’s Happy Herd Farm rescue animals.

Langley Township’s Froese named vice-chair of Mayors’ Council

The Township mayor will be one of the top officials overseeing TransLink.

Holiday market for a mission

The Aldergrove HANDS mission team is hosting a holiday market to raise money for Belize.

Langley looks to match farmers with landowners

A workshop on Saturday is aimed at bringing the two parties together in a mutually beneficial way.

Winter weather hits parts of Canada

As some parts of the country brace for cold, parts of B.C. remain warmer than 10 C

Canada’s health system commendable overall but barriers to care remain: UN

The United Nations says Canada’s health care system is “commendable” overall but vulnerable groups still face barriers to quality care.

Unique technology gives children with special needs more independent play

UVic’s CanAssist refined seven prototypes aided by $1.5M government contribution

Kelly Ellard’s boyfriend has statutory release revoked

Darwin Duane Dorozan had several parole infractions that found him ‘unmanageable’

New chair of Metro Vancouver board is Burnaby councillor

The 40-person board is made up of elected officials from 21 cities and one First Nation

Doctor’s note shouldn’t be required to prove you’re sick: poll

70% of Canadians oppose allowing employers to make you get a sick note

German-born B.C. man warns against a ‘yes’ vote on proportional representation

Agassiz realtor Freddy Marks says PR in his home country shows party elites can never be voted out

Fashion Fridays: 5 coats you need this winter!

Kim XO, lets you know the best online shopping tips during Fashion Fridays on the Black Press Media Network

Saskatchewan college honours memory of Humboldt Broncos coach

Darcy Haugan wore jersey No. 22 when he was a star player with the Briercrest College Clippers

Most Read