BC government extends rent freeze until July 10, 2021 and eviction policy remain as it is for the time being.

BC government extends rent freeze until July 10, 2021 and eviction policy remain as it is for the time being.

  • British Columbia
  • Community
  • Rental
November 12, 2020

The week starts off with bad news. The Health Ministry clarifies new social gather rules that was imposed on the 7th of November. Amid the raising COVID-19 tension, the re-opening process has taken a step back. BC government official announces rent freeze that was supposed to end on December 1st, 2020 will continue until July 10th, 2021 under the Emergency Program Act.

Therefore, any rent increase negotiation and notice from the landlord are rendered useless and should be disregarded. The tenant will continue to pay their existing rent. To further complement the rent freeze, BC NDP promised a renter’s rebate of $400 a year for household with an income of up to $80,000 a year. They were election promises that will be fulfilled.

Selina Robinson, BC Minister of Municipal Affairs and Housing, explains why the rent freeze is extended: “We know many renters are still facing income loss and even the slightest increase in rent could be extremely challenging. For that reason, we are extending the freeze on rent increases to provide more security for renters during the pandemic.”

There are no updates on eviction policy. Landlords can evict their tenants for non-payment of rent and any outstanding rents will have to be repaid by July 2021. We could see the BC government re-implement the eviction ban, if a second wave is severe and the province locks down again.

The rent freeze made many tenants happy, but not so much for landlords. The lower mainland will be hit with a 12% increase in property tax next year, devalued property, increased insurance fee and maintenance fee. We are seeing another transfer of wealth that the BC NDP is doing.

Yoyoe Lu

Founder and managing principal

Yoyoe is the founder and managing principal of Claridge. She was ranked one of Vancouver’s top real estate agents. Currently, Yoyoe is our strategic mind leading the team to success. Her affiliation with industry professionals put her ahead of our competitors. Yoyoe is also part of the Rotary Club of West Vancouver, Canadian Homebuilders Association, Urban Land Institute and Urban Development Institute.

Ashley Osborn

Development Site and Investment Specialist

Ashely is our lead land and investment advisor. He has been consistently featured in the annual top 100 real estate deals of British Columbia ranking. With over $15 billion worth of domestic and international real estate investments under his belt, Ashley is one of the top agents in the province. His 20 years of real estate and financial experience make him a master in negotiation and acquisition.

Patricia Wong Chong

Investment and Leasing Specialist

Patricia is our investment and retail leasing advisor. Her experience in brokerage and market research analysis has helped her comprise over $550 million in commercial real estate transactions. Patricia is responsible, detail-oriented, and professional. Her strong work ethic and positive attitude have led her to surpass all her competitors.

Schumann Li

Land Assembly & Residential Specialist

Schumann is a top-producing realtor in the Lower Mainland with more than 30 years’ experience. Over the years, Schumann hasn’t just garnered awards, but the trust of countless customers. Her clients continually refer to her outstanding professionalism, work ethic and poise.

Wendy Kaip

Sales Associate

Whether it’s decoding city policies, strategizing relocation plans, home sellers looking for a trustworthy advisor to unlock their property’s maximum potential- Wendy is here to help every step along the way.

Prior to real estate, Wendy spent over a decade in the mining industry with her attention to detail, keen negotiation skills, extensive network and strong reputation for getting the deal done, bringing endless value to her current real estate clients.

Whether you are thinking about selling to a developer, or have more questions about commercial real estate, Wendy invites you to connect, to see how she can utilize her expertise and team to help create value and maximize your real estate goals.

Simon Chan

Managing Broker

Simon is the managing broker of Claridge Real Estate Advisors Inc. His expertise has helped our agents resolve many difficulties. Not only is Simon knowledgeable with real estate legislation, but he is also very detail orientated. With Simon on our team, our agents are confident to conduct businesses and will always get the support they need to ensure they’re not walking on dirty water.

Frank Zhou


As the analyst of the company, my key job is to help brokers to find marketable clients and locate feasible development sites by collecting and analyzing up-to-date market transaction data and conducting target market and property-level research. Meanwhile, I am also in charge of maintaining the company’s property database to ensure accuracy and comprehensiveness and continuously upgrading the level of knowledge by staying up to date with hot topics, and market trends, and incorporating findings into everyday work. Before joining the company, I worked for CR Group as a real estate investment manager, focusing on capital raising, equity and debt financing, acquisition and renovation. I hold 2 master’s degrees, one in Housing Management and the other in Economics.