NEWS RELEASE – Rent freeze extended, pending increases cancelled.
Effective immediately, the Province is extending the freeze on rent increases until
July 10, 2021, under the powers of the Emergency Program Act and COVID-19 Related
Measures Act.
This is an interim measure to provide stability and advance notice for renters and landlords
while a new cabinet is sworn in. Increases set to happen on Dec. 1, 2020, are cancelled, along
with all pending increases through to July.
We know many renters are still facing income loss and even the slightest increase in rent
could be extremely challenging. For that reason, we are extending the freeze on rent increases
to provide more security for renters during the pandemic,͟said Selina Robinson, Minister of
Municipal Affairs and Housing. ͞We are all in this together, and it is important for both renters
and landlords that people can stay in their homes.͟
The Province originally froze rent increases on March 18, 2020, with the ban set to expire Dec.
1. All renters who have received notice their rent was set to increase after the March 30, 2020,
ban, including increases set for Dec. 1, should disregard those notices and continue to pay their
current rent amount until July 10, 2021.
If landlords or renters have questions, they are encouraged to contact the Residential Tenancy
Branch at 1 800 665-8779 or by email: HSRTO@gov.bc.ca
Learn More:
Information on residential tenancy COVID-19 policies can be found at:
https://www2.gov.bc.ca/gov/content/housing-tenancy/residential-tenancies/covid-19
We will continue to keep our clients and followers posted with the latest important updates given by the ministry of housing. Stay tuned, as policies are prone to change as the effects of the pandemic drag on.
Be sure to check out our featured listings here: https://www.filerwelch.com/listings/
Our instagram shares the latest happenings with the Filer Welch Group: https://www.instagram.com/p/CG8esfgBI9Q/?utm_source=ig_web_copy_link
Rent freeze extended, pending increases cancelled.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Baxter Welch for your convenience.
