News
September 2, 2026 The Bank of Canada held its benchmark interest rate steady again at 2.25% on Wednesday, as widely expected by economists, while warning that an escalating trade war with the U.S. and the ongoing conflict in Iran could derail Canada’s economic recovery. The Bank’s next rate decision is scheduled for October 28. July 15, 2026 The Bank of Canada kept its benchmark interest rate...
Read More2027 Allowable Rent Increase
2027 Allowable Rent Increase For manufactured home park tenancies, the 2027 maximum increase is 2.2% 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 09-02-2026 Bank Prime Rate History Date of ChangeBank Prime RateSeptember 2, 20264.45%July 15, 20264.45%June 10, 20264.45%April 29, 20264.45%March 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,...
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