BC Sets Rent Increase for Next Year at 3.5 Per Cent

The Tyee: Audio Edition

Sep 12 2023 • 0 seconds

This year’s inflation rate is well below last year’s but not as low as the Bank of Canada’s rate. It strikes a balance for renters and owners, says Housing Minister Ravi Kahlon. There’s no need for balance: “Landlords are doing just fine,” says one economist. Andrew MacLeod reports. Andrew is The Tyee's legislative bureau chief. Published Tuesday, Sept. 12, 2023. https://thetyee.ca/News/2023/09/12/BC-Rent-Increase-Next-Year/

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