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Rent Increase in 2027

Rent Increase in 2027

Rental Housing

The BC Government has announced a 2027 maximum allowable rent increase of 2.2 per cent, below the province’s current 2.9 per cent inflation rate. Rent increases may take effect no sooner than 12 months after the last increase or when the rent was established, with at least three full months’ notice required.

https://www2.gov.bc.ca/gov/content?id=A7CF4A29C5E94A6DAE96924AD56F9002

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