Municipal Affairs and Housing Minister Selina Robinson (from left), Andrew Sakamoto of the Tenant Resource and Advisory Centre, and David Hutniak, CEO of LandlordBC, announced new rent restrictions in October 2017. Tom Fletcher/BLACK PRESS

Municipal Affairs and Housing Minister Selina Robinson (from left), Andrew Sakamoto of the Tenant Resource and Advisory Centre, and David Hutniak, CEO of LandlordBC, announced new rent restrictions in October 2017. Tom Fletcher/BLACK PRESS

B.C.’s annual allowable rent increase jumps to four per cent

Rent hike ceiling has steadily risen since 2013, when the maximum was 2.2 per cent

The allowable annual rent increase for tenants in B.C. is increasing to four per cent starting next week, up from 3.7 per cent in 2017.

Landlords are only permitted to increase a tenant’s rental rate once per year, at a rate of two per cent plus inflation to a maximum of four per cent. They must provide at least three months’ notice in writing before doing so.

Low inflation limited the allowable rent increase to 2.2 per cent in 2014, 2.5 per cent in 2015 and 2.9 per cent in 2016. The 2018 maximum is the highest since 2012, when it sat at 4.3 per cent.

RELATED: B.C. to give renters a break on deposits, rent increases

A fall 2017 report from the Canada Mortgage and Housing Corporation listed the average one-bedroom rent in Victoria at $988 per month. A four-per-cent increase would tack another $39.52 onto the rent.

In October, Municipal Affairs and Housing Minister Selina Robinson introduced Bill-16, proposing the end of fixed-term rental agreements that did not include an option for the tenant to switch to a month-to-month arrangement after completing the original term, commonly a one-year lease.

RELATED: B.C. to end geographic area rent increases, close fixed-term lease loopholes

The “vacate clause” was enabling landlords to force renters out in order to find new tenants and raise the rent more than the allowable amount with a continuing tenant. The province does not allow rent increases of any kind before a 12-month tenancy is up, or at any point during 12 months from the previous rent increase.

The new maximum increase applies to those living in rental units such as houses or apartments. Mobile homes rents can be raised up to four per cent plus a proportional amount – the total increase in local government levies and regulated utility fees divided by the number of manufactured home sites in the park.

Subsidized housing, where rental rates are directly related to a tenant’s income, are not subject to maximum increase legislation. To determine your rent increase, visit the calculator tool on the province’s website.

kristyn.anthony@vicnews.com

Rental accommodation

Just Posted

Processed sewage is still being deposited at the Hartland landfill rather than sent as biosolids to a Richmond cement plant. (Black Press Media file photo)
Biosolids at Hartland still being placed on landfill in Saanich

Richmond cement plant up and running, but CRD end product not suitable for purpose

An SUV sits where it crashed through the front window of the 2:18 Run store in Fairfield Plaza, after the driver appeared to lose control on Monday afternoon. (Photo by Phil Nicholls)
Driver crashes through front window of Victoria running store in Fairfield

Phil Nicholls of 2:18 Run said crash sounded like an earthquake at first

Seismic upgrading and expansion work at Victoria High School is about a year behind due to pandemic-related factors, the Greater Victoria School District announced. (Photo by Cole Descoteau)
Victoria High School seismic work, expansion a year behind schedule

Greater Victoria School District now targeting September 2023 for reopening of historic school

The BC Ferries website went down for a short while Monday morning following a provincial announcement that recreational travel between health authorities can resume Tuesday. (Black Press Media file photo)
BC Ferries’ website crashes following provincial reopening announcement

Recreational travel between health regions to resume as of Tuesday

Elk Lake Drive area resident Michael Blayney protests a proposed multi-building development for his Royal Oak neighbourhood, outside Saanich municipal hall on Monday (June 14). (Photo by Megan Atkins-Baker/News Staff)
Demonstrators protest 11-storey development on Elk Lake Drive in Saanich

Saanich locals gather at municipal hall to protest development, public hearing goes Tuesday

Canadian Prime Minister Justin Trudeau participates in a plenary session at the G7 Summit in Carbis Bay, England on Friday June 11, 2021. THE CANADIAN PRESS/Adrian Wyld
Canada donating 13M surplus COVID-19 vaccine doses to poor countries

Trudeau says the government will pay for 87 million shots to be distributed to poor countries

Montreal Canadiens goaltender Carey Price (31) is scored on by Vegas Golden Knights defenseman Alec Martinez, not pictured, during the second period in Game 1 of an NHL hockey Stanley Cup semifinal playoff series Monday, June 14, 2021, in Las Vegas. (AP Photo/John Locher)
Habs fall 4-1 to Vegas Golden Knights in Game 1 of NHL semifinal series

Match was Montreal’s first game outside of Canada in 2021

Kelowna-Lake Country MLA Norm Letnick, assistant deputy speaker at the B.C. legislature, presides over committee discussions. The legislature is completing its delayed spring session this week, with most MLAs participating by video conference. (Hansard TV)
B.C.’s daily COVID-19 infections dip below 100 over weekend

Only 68 new cases recorded Monday, four additional deaths

Neighbours fight a small late-night bush fire with garden hoses and shovels in Cinnabar Valley on June 5. They couldn’t get help from local fire services because the fire was located in an area under B.C. Wildfire Services jurisdiction. (Photo courtesy Muriel Wells)
Neighbours on edge of Nanaimo city limits left to put out bush fire themselves

Cinnabar Valley residents tackle fire with hoses and buckets for two and a half hours

Darren Campbell’s truck (pictured) was stolen when he stopped to check on a car in a ditch on Cowichan Bay Road on Monday morning. (Facebook photo)
Vancouver Island Good Samaritan’s truck stolen in nasty trick

‘Try to be a Good Samaritan and my $20,000 truck gets stolen right under my nose’

The Kamloops Indian Residential School is photographed using a drone in Kamloops, B.C., Monday, June, 14, 2021. The remains of 215 children were discovered buried near the former school earlier this month. THE CANADIAN PRESS/Jonathan Hayward
Communities grapple with what to do with former residential and day schools

Some tear them down as a tool to help healing, others repurpose them as tools for moving forward

Creative handmade signs abound at the June 13 Tofino rally for old growth trees. (Nora O’Malley photo)
VIDEO: Tofino stands in solidarity for Fairy Creek Blockades

Over 150 supporters attend rally hosted by Friends of Clayoquot Sound

FILE – Provincial health officer Dr. Bonnie Henry talks about B.C.’s plan to restart the province during a press conference at Legislature in Victoria, Tuesday, May 25, 2021. THE CANADIAN PRESS/Chad Hipolito
B.C. watching U.K.’s COVID struggles but don’t think province will see similar pitfalls

Studies show that one dose of vaccine is only 33 per cent effective in preventing B.1.617.2 spread

RCMP Const. Shelby Patton is shown in this undated handout photo. RCMP say that Patton was hit by an allegedly stolen truck that he had pulled over on Saturday morning in Wolseley, east of Regina. THE CANADIAN PRESS/HO, RCMP
Pair charged in Saskatchewan Mountie’s death make first court appearance

Const. Shelby Patton was hit by an allegedly stolen truck that he had pulled over Saturday morning

Most Read