COVID-19 – October 2020 Update

On March 17th, 2020, the BC Provincial government declared a State of Emergency in response to the COVID-19 pandemic. This announcement brought with it much uncertainty for all British Columbians — including landlords. While we are not yet out of the woods, we have entere...

2020 and 2021 Rent Increases: What You Need to Know

  2020 Rent Increase: 2.6% 2021 Rent Increase: 1.4% 2020 Rent Increases Rent Increase Notices served in December 2019 would have had an effective date of April 1, 2020. In late March there was a Ministerial Order which delayed these increases and...

An Open Letter to CMHC from a Vancouver PBR Owner and Developer

Multi-family Equity Take Out Restrictions Will Ultimately Harm Renters I am writing in regard to the recent change to equity take-out provisions under the standard multi-family rental apartment insured loan program. I have been involved with the ownership and operatio...

Province Outlines Repayment Framework

In response to the Housing Minister’s July 16th announcement addressing their plan for rent increases, unpaid rent during the State of Emergency, and unpaid rent up to September 1, for our members we have prepared a detailed explanation to assist you in managing this proc...