B.C. limits rent increases to 2 per cent, but tenants’ group wants more protections

The B.C. government has chopped the annual rent increase that landlords are allowed to charge by two per cent but an advocacy group is calling for more changes to protect tenants in heated markets.
That means that, in January, the rent hike will be limited to 2.5 per cent, based solely on the rate of inflation, instead of the 4.5 per cent that was going to be allowed under rules put in place in 2004 by the then Liberal government that allowed two per cent plus the rate of inflation.
Premier John