Ravi Kahlon Archives - Mortgage Rates & Mortgage Broker News in Canada

B.C. gives short-term rental platforms an extension to confirm listings are legal

April 30, 2025 No Comments

The British Columbia government has granted short-term rental platforms an extra month to confirm their listings are legal.

One year after B.C.’s short-term rental crackdown, has it made housing cheaper?

April 24, 2025 No Comments

Marv Gandall says living in one of Victoria’s largest residential buildings a year ago meant a parade of people with suitcases, stuffed visitors parking and slow elevators.

B.C. touts speed of major housing program to mark one-year anniversary

April 6, 2025 No Comments

British Columbia’s government celebrated the first anniversary of one of its cornerstone housing programs at the groundbreaking of a 179-unit rental building in North Vancouver, which it says went from concept to construction in 14 months.

B.C. bumps up rental subsidy programs for seniors, low-income families

April 4, 2025 No Comments

Recipients of two British Columbia programs aimed at making rent more affordable for seniors and families in need will see a bump in their subsidies starting this month.

B.C. shuts door on secondary-suite incentive program over ‘uncertain financial times’

March 19, 2025 No Comments

The British Columbia government says it is cancelling an incentive program meant to entice more homeowners to build secondary suites, saying the decision is “due to uncertain financial times.”

Critics denounce Vancouver mayor’s ‘Trumpian’ plan to ‘integrate’ Downtown Eastside

January 25, 2025 No Comments

Critics have denounced Vancouver Mayor Ken Sim’s plan for revitalizing the Downtown Eastside neighbourhood, with former councillor Jean Swanson calling his proposal to pause supportive housing construction “Trumpian.”

B.C. launches short-term rental registry with annual fees to rein in ‘speculators’

January 20, 2025 No Comments

British Columbia is launching a registry for short-term rentals to further crack down on “speculators” operating illegally, said Housing Minister Ravi Kahlon.

B.C. revamps building code to allow single stairwells in buildings up to six storeys

August 29, 2024 No Comments

British Columbia is moving to allow buildings up to six storeys to have one exit stairwell instead of two in the government’s latest effort to boost housing supply.

B.C. caps rent increases next year at 3 per cent, matching inflation

August 26, 2024 No Comments

The maximum allowable rent increase in British Columbia next year will be 3%, down from the current 3.5%.

90% of B.C. communities adopt province’s plans for more small-scale housing

July 26, 2024 No Comments

Almost all British Columbia communities have adopted the provincial government’s plan to tackle the housing crisis by allowing more multi-unit homes on properties.

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