News
March 18, 2026 The Bank of Canada kept its key interest rate at 2.25% on Wednesday, a decision that was widely expected by economists. However, with the war in Iran and the future of the Canada–U.S.–Mexico Agreement creating uncertainty, the path forward for the policy rate is much less clear. The Bank’s next rate announcement date is April 29, 2026. January 28, 2026 In a move widely expected by...
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 03-18-2026 Bank Prime Rate History Date of ChangeBank Prime RateMarch 18, 20264.45%January 28, 20264.45%December 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,...
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