B.C. Reduces Eviction Notice Period for Sold Properties
The NDP government is reducing the eviction notice period for landlords selling their property following feedback from the housing industry, which argued that the new rules hinder homebuyers from purchasing tenanted properties. On Thursday, the B.C. housing ministry announced that the notice period
B.C. portal to protect renters from bad-faith evictions goes live July 18, 2024
A new portal aimed at safeguarding renters from bad-faith evictions is launching on Thursday in British Columbia. Starting July 18, landlords in B.C. must use the Landlord Use Web Portal when terminating a tenancy for personal occupancy or caretaker purposes. "Landlords issuing tenancy termination n
Bank of Canada cuts key interest rate to 4.5%
On Wednesday, the Bank of Canada reduced its benchmark interest rate by a quarter of a percentage point, marking the second consecutive cut in its current easing cycle. The central bank's policy rate, which significantly impacts borrowing costs nationwide, now sits at 4.5 percent. This move was ant
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