's rental housing task force is recommending a tighter cap on allowable rent increases just as renters were bracing for a whopping increase in 2019. Task force chair Spencer Chandra Herbert said the proposed new formula would limit annual rent increases to the cost of inflation. rental housing task force, announces two recommendations aimed at helping renters. According to Chandra Herbert, the task force heard from many renters about how the current model was making life in B.C. Chandra Herbert said the provincial government will be looking at the task force recommendations this week and that a decision will be made by Oct. 1.

Source: CBC News September 24, 2018 16:17 UTC