Listen Live
Listen Live

B.C. caps rent increases at 2.3 per cent in 2026

British Columbia is again tying maximum rent increases to inflation, capping increases at 2.3 per cent in 2026.

That’s down from three per cent this year.  

“B.C. is an extraordinary place, but with economic uncertainty and rising costs, people are struggling to find a place to live that fits in their budget,” said Housing and Municipal Affairs Minister Christine Boyle in a statement on Tuesday. “We’re continuing to cap rent increases, linking them to inflation, to reduce housing costs for seniors, families and individuals, protecting them from unfair hikes.”

Rent increases were capped at 3.5 per cent for 2024, below the 5.6 per cent rise in inflation.

The province said at the time it planned to return to an annual rent increase that is tied to B.C.’s Consumer Price Index in future years.

Rent increases were frozen in 2020 and 2021 due to the COVID-19 pandemic.

The province said that prior to 2018, renters could face an additional two per cent rent increase on top of inflation.

In B.C., landlords who choose to increase rent must provide three months’ notice to tenants using the correct Notice of Rent Increase form.

Landlords can’t raise rents more than once per year. 

The rent increase rule does not apply to commercial tenancies, non-profit housing tenancies where rent is geared to income, co-operative housing and some assisted-living facilities.

Emily Joveski
Emily Joveski
Emily Joveski is the provincial news reporter for Vista Radio, based in Victoria B.C. She has worked in radio for more than a decade, and was previously on the airwaves as a broadcaster for The Canadian Press in Toronto. When she's not at her desk, she might be found exploring Vancouver Island or loitering in a local book store.

Continue Reading

cjat Now playing play

ckqr Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

BCGEU members head back to work as they vote on tentative agreement

Public service workers with the the B.C. General Employees Union (BCGEU) are back on the job Monday after the union and the province reached a tentative agreement over the weekend.  The post BCGEU members head back to work as they vote on tentative agreement appeared first on AM 1150.

Here’s Johnny! Trail Smoke Eaters goaltender steps up

The Smokies net now belongs to Trail native Chayse Johnson.

Assault charges against two Trail firefighters stayed

On the eve of a high-profile assault trial involving three members of Kootenay Boundary Regional Fire and Rescue, the Crown has stayed charges against two of the accused.

Vehicle crashes into Castlegar arena wall

No one was hurt when a vehicle struck an arena wall at the Castlegar and District Recreation Complex.

Montrose senior suffers serious injuries in dog attack

RCMP say the incident happened Oct. 17 in the 700 block of 11th Avenue as the man was walking on the street near his home.
- Advertisement -