As part of the State of Emergency in BC declared as a result of the COVID-19 pandemic the provincial government brought into effect a Residential Tenancy Order on March 30, 2020. This order details changes that apply to landlords and tenants with respect to rent, evictions, and access to the rental property. We've compiled what you need to know as a landlord about these changes.
The Speculation and Vacancy Tax (SVT) was introduced by the B.C. government in 2018 as part of the plan to address affordable housing. Property owners must make a declaration by March 31, 2020 for their 2019 tax status.