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Government Policy
BC brings in anti-flipping legislation
Thursday, April 11, 2024
The BC government will begin taxing the profit on homes sold within two years of purchase, beginning 2025. (3 minute read)
Government Policy
Province delivers flood strategy
Thursday, April 04, 2024
The strategy is to build a more flood-resilient province, with communities working together to prepare for and respond to flooding. (2 minute read)
Government Policy
BC caps maximum rent increase to 3.5 per cent
Thursday, September 21, 2023
This is lower than the 5.6% 12-month average inflation rate and applies to increases with an effective date on or after January 1, 2024. (1 minute read)
Government Policy
Province introduces housing plan for 100,000+ new market and rental homes
Wednesday, April 05, 2023
This plan will create 100,000+ new market and rental homes, with a budget of more than $4 billion to 2026 and $12 billion to 2033. (2 minute read)
Government Policy
What’s in BC Budget 2023 for property buyers and owners?
Thursday, March 02, 2023
BC Budget 2023 allocates $4.2 billion for the development of affordable market, rental, and social housing. (3 minute read)
Government Policy
Province to speed up its own building approvals and permits processes
Thursday, January 26, 2023
The province is promising to speed up the building approval and permitting process by creating a new cross-ministry team. (2 minute read)