The provincially mandated rent increase freeze in BC expired January 1, 2022 and the Residential Tenancy Branch has announced the 2022 maximum rent increase percentage is 1.5%.
Annual rent increase notices must have an effective date no earlier than January 1, 2022.
When issuing a new notice of rent increase, a landlord must:
- Use the approved notice of rent increase form
- Use the maximum amount for 2022: 1.5%
- Give the tenant no less than three full months before the notice takes effect.
For further details, please visit https://www2.gov.bc.ca/gov/content/housing-tenancy/residential-tenancies/during-a-tenancy/rent-increases/standard-rent-increase