The Residential Tenancy Branch has announced maximum allowable rent increase for 2019 of 4.5%.
B.C. landlords can choose to increase rent once annually. The maximum percentage increase allowed each year is the inflation rate plus 2%. The inflation rate, calculated using the 12-month average percentage change in the Consumer Price Index for British Columbia ending in July, is 2.5%. Therefore, the maximum allowable increase for 2019 is 4.5%. Click here for the RTB announcement