The B.C. government announced on Tuesday (Aug. 26) that the limits for residential rent increases in 2026 will be 2.3 per cent.
This is less than the three-per-cent increase allowed for 2025 and the 3.5-per-cent increase that was allowed in 2024.
B.C. has limited rent increases for decades, but until 2018, landlords could raise rates two percentage points above inflation. Rules have changed several times since, but rates are again being tied to inflation.
This is the second year that rates have been set at the rate of inflation.
Landlords can raise rates as of Jan. 1, 2026, but must give tenants three months' notice.
More to come.
