Most renters can rest assured that British Columbia’s skyrocketing property values won’t render their home unaffordable overnight, with the province capping rent increases at 1.5 per cent in 2022.
But that’s not the case for Alice Savage, Claude Potvin and their two children.
The family has lived on a Crown residential lease property in the Paradise Valley near Squamish for close to a decade, paying the government annual rent at the set rate of five per cent of the assessed land value.
The problem is the province’s rent cap does not apply to Crown land rent; Crown lands refer to land owned by the federal or provincial governments. So this
