Maximum rent increase capped at 1.5% for 2022

B.C.’s maximum allowable rent increase amount for 2022 is being set at 1.5%, based on inflation.

This increase cannot take effect prior to Jan. 1, 2022. If landlords choose to increase rent, they must provide a full three months’ notice to tenants using the correct notice of rent increase form.

To support British Columbians, the Province enacted a rent freeze at the beginning of the COVID-19 pandemic. The freeze has since been extended to Dec. 31, 2021.

B.C. landlords can only increase rent once annually, if they choose to increase rent at all.