B.C. government to bring in rental changes, city targets to boost housing
The British Columbia government is moving to increase housing supply with measures that will end rental restrictions and force local governments to meet housing growth targets.
Housing Minister Murray Rankin introduced two pieces of legislation today, saying the province will work with local governments on the housing targets and that rental restrictions on apartment complexes will be removed.
Premier David Eby, who was sworn in on Friday, says housing is one of the most critical issues that he will immediately address.
“As a first step in my 100-day plan, we are making changes to deliver more homes for British Columbians, faster. We will work with municipalities to set housing targets and make sure the homes people need get built. For those searching for a home today, there’s good news. We’re making it possible for thousands of condos that are vacant to be rented out as soon as these new laws pass.”