Annual Allowable Rent Increase for 2023 set at 2%

The BC Residential Tenancy Branch has announced the 2023 maximum rent increase percentage is 2%.

Annual rent increase notices must have an effective date no earlier than January 1, 2023.

When issuing a new notice of rent increase, a landlord must:

  • Use the approved notice of rent increase form
  • Use the maximum amount for 2023: 2%
  • Give the tenant no less than three full months before the notice takes effect.

For further details, please visit