BC Sets 2026 Rent Increase Cap At 2.3%, Tying It To Inflation
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AI Article Summary
The Government of British Columbia has announced a rent increase cap of 2.3% for 2026, tying it to inflation. This decision is meant to make housing more affordable while allowing landlords to maintain their properties. The cap, one of the lowest in decades, aims to protect tenants from unfair hikes amid economic uncertainty. The government also highlights other measures to support renters, such as a rental assistance program and interest-free loans for those facing financial difficulties.