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October 27, 2021 In an announcement this morning the Bank of Canada is keeping its key interest target on hold at 0.25%. The Bank, in its extraordinary forward guidance, stated it will hold the overnight rate at 0.25% until slack in the economy is absorbed and inflation sustainably returns to its 2% target but pulled forward when it expected this to occur from the second half of 2022 to the...

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2022 Allowable Rent Increase

2022 Allowable Rent Increase The provincially mandated rent freeze is set to expire at the end of 2021. For manufactured home park tenancies, the 2022 maximum increase will be 1.5% plus a proportional amount for the change in local government levies and regulated utility fees. January 2022 will be the first time landlords are be able to raise rents on existing residential tenancies since March...

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Mobile 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...

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Current Bank Prime Interest Rate & Rate History

Current Canadian Bank Prime Interest Rate 2.45% as of 03-30-2020 Bank Prime Rate History Date of Change Bank Prime Rate March 30, 2020 2.45 March 4, 2020 3.45 October 25, 2018 3.95 July 12, 2018 3.70 January 18, 2018 3.45 September 7, 2017 3.20 July 13, 2018 2.95 July 17, 2015 2.70 January 29, 2015 2.85 September 9, 2010 3.00 July 21, 2010 2.75 June 2, 2010 2.50 April 22, 2009 2.25 March 4, 2009...

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Welcome to BCMobileHomeParks.ca

Welcome to BCMobileHomeParks.ca

My objective … For Investors Looking to Buy … To help you build wealth through smarter mobile home park investing. For Owners Thinking of Selling … To help unlock the maximum value in your mobile home park.

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