Three days after David Eby took office as British Columbia’s Premier on November 18, 2022, he announced sweeping reforms to rental restrictions in strata properties through Bill 44, which received Royal Assent and went into effect on November 24, 2022.
Bill 44 was designed to address the province’s housing shortage and indirectly lower rental rates. The average rent for a one-bedroom apartment in B.C. was $2,163 in February 2023 (Rental.ca). High rents and low supply are especially difficult for studen...
read more