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The B.C. government said the rent cap is 'well below' the 12-month average inflation rate of 5.6 per cent and applies to rent increases on or after Jan. 1, 2024.
The provincial government set the rent cap for B.C. at 3.5 per cent for 2024, the second year the rent cap is below the 5.4 per cent inflation rate.
The provincial government set the rent cap for B.C. at 3.5 per cent for 2024, the second year the rent cap is below the 5.4 per cent inflation rate.
The provincial government set the rent cap for B.C. at 3.5 per cent for 2024, the second year the rent cap is below the 5.4 per cent inflation rate.
The provincial government set the rent cap for B.C. at 3.5 per cent for 2024, the second year the rent cap is below the 5.4 per cent inflation rate.