Close X
Sunday, November 24, 2024
ADVT 
National

B.C. extends pandemic rent freeze to next July

Darpan News Desk The Canadian Press, 09 Nov, 2020 07:42 PM
  • B.C. extends pandemic rent freeze to next July

Tenants in British Columbia will be protected from rent increases until at least next summer.

In one of its first acts since being re-elected on Oct. 24, Premier John Horgan's New Democrat government has extended the freeze on rent increases until July 10, 2021.

A statement from the Ministry of Municipal Affairs and Housing says the freeze is an interim measure to "provide stability and advance notice for renters and landlords while a new cabinet is sworn in."

The government first froze rents in mid-March for part of a relief plan as the COVID-19 pandemic hit.

Rent increases that were set for Dec. 1, 2020, have been cancelled and the province says tenants who may have received a notice of a pending rent hike should ignore it and continue paying their current rate.

Selina Robinson, Minister of Municipal Affairs and Housing, says the freeze has been extended because it is important for both renters and landlords that tenants are financially able to stay in their homes.

"We know many renters are still facing income loss and even the slightest increase in rent could be extremely challenging," Robinson says in the statement.

In September, the government set the maximum rent increase amount for next year at 1.4 per cent.

MORE National ARTICLES

Pfizer says COVID-19 vaccine is looking 90% effective

Pfizer says COVID-19 vaccine is looking 90% effective
Pfizer, which is developing the vaccine with its German partner BioNTech, now is on track to apply later this month for emergency-use approval from the U.S. Food and Drug Administration. 

Pfizer says COVID-19 vaccine is looking 90% effective

Terry Fox on shortlist for new $5 bill

Terry Fox on shortlist for new $5 bill
Fox is among the eight names the Bank of Canada has sent to the government as it considers who should be featured on the bank note when it gets a redesign next year.

Terry Fox on shortlist for new $5 bill

PM pledges $1.75B to boost high-speed internet

PM pledges $1.75B to boost high-speed internet
The Universal Broadband Fund that was part of the Liberal budget announcement in early 2019, months before last year's federal election, has taken longer than expected to be officially launched.

PM pledges $1.75B to boost high-speed internet

Canada ready to fight U.S. protectionism: Trudeau

Canada ready to fight U.S. protectionism: Trudeau
Trudeau says in an Ottawa news conference today that U.S. barriers to Canadian imports hurt Canadian businesses and workers but they hurt Americans, too.

Canada ready to fight U.S. protectionism: Trudeau

Police cite crime dip in first months of pandemic

Police cite crime dip in first months of pandemic
Statistics Canada says 17 police services across Canada reported that selected criminal incidents were down by 17 per cent compared with the same period a year earlier.

Police cite crime dip in first months of pandemic

Airline bailout may rely on scorned loan program

Airline bailout may rely on scorned loan program
The program offers loans of $60 million or more to large companies facing cash problems, but comes with an interest rate that jumps to eight per cent from five per cent after the first year — far above typical private-sector lending rates.

Airline bailout may rely on scorned loan program

PrevNext