The B.C. government has introduced legislation that, if passed, will extend the rent freeze to the end of 2021.
The changes will also cap future rent increases to the rate of inflation, stop illegal renovictions and change the rent resolution process.
“The changes mean no more tenants will face eviction notices for phoney renovations that were never going to happen,” Vancouver West-End MLA Spencer Chandra Herbert said.
“By putting an end to this kind of bullying behaviour, meant...
The British Columbia government has unveiled regulatory changes it hopes will help bring transparency to the province’s strata insurance market.
Strata homeowners have been hit by massive increases in insurance costs in the province over the last year.
An interim report in June from the B.C. Financial Services Agency, which regulates credit unions, insurance and trust companies, pensions and mortgage brokers, found that strata insurance premiums had risen by 40 per cent on average,...