News
December 10, 2025 The Bank of Canada left its key interest rate unchanged this morning at 2.25%. Some economists think the Bank is likely to hold its interest rate steady at 2.25% throughout 2026 however market sentiment has shifted in recent weeks with financial markets now anticipating a possible rate hike in the second half of 2026. The next rate announcement date is January 28. 2026....
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 12-10-2025 Bank Prime Rate History Date of ChangeBank Prime RateDecember 10, 20254.45%October 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,...
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