News
October 29, 2025 The Bank of Canada today reduced its key interest rate to 2.25%. The Bank also signaled that it’s done cutting rates for now – the policy rate is now “about the right level to keep inflation close to 2 per cent while helping the economy through this period of structural adjustment.” The Bank’s next interest rate decision is on December 10. September 17, 2025 As...
Read More2026 Allowable Rent Increase
2026 Allowable Rent Increase For manufactured home park tenancies, the 2026 maximum increase is 2.3% plus a proportional amount for the change in local government levies and regulated utility fees. Landlords must provide tenants with three full months’ notice using the correct notice of rent increase form.. Link to more information on rent increases:...
Read MoreMobile Home Park Legislation & Regulations
Click on the following links for more information on mobile home park legislation and regulations in BC: BC MANUFACTURED HOME PARK TENANCY ACT BC MANUFACTURED HOME PARK TENANCY...
Read MoreCurrent Bank Prime Interest Rate & Rate History
Current Canadian Bank Prime Interest Rate 4.45% as of 10-29-2025 Bank Prime Rate History Date of ChangeBank Prime RateOctober 29, 20254.45%September 17, 20254.70%July 30, 20254.95%June 4, 20254.95%April 16, 20254.95%March 12, 20254.95%January 29, 20255.20%December 11, 20245.45%October 23, 20245.95%September 4, 20246.45%July 23, 20246.70%June 5, 20246.95%April 10, 20247.20%March 6,...
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