Understanding Rent Increase Rights for Tenants in BC

Landlords can increase rent once a year, with a maximum allowable increase of 3.5% for 2024.
Rent increases can only occur 12- mo after a tenant moves in, or after the last legally permitted increase.
Landlords can apply for exceptions to raise rent above the set annual rate, including:

– Permission from tenants
– Increased operating costs
– Property improvements