Livestream: B.C. rental housing task force to announce recommendations
Members of B.C.'s rental housing task force are set to announce recommendations aimed at helping tenants.
Task force chair Spencer Chandra Herbert, NDP MLA for Vancouver-West End, along with Saanich North Green MLA Adam Olsen and Ronna-Rae Leonard, NDP MLA for Courtenay-Comox, have scheduled a press conference in downtown Vancouver at 9:30 a.m. PT.
CBC will stream the event live HERE
The task force was launched in April and promised to explore improvements to tenancy laws and tackle issues around supply and affordability.
The rental market in much of B.C. has been tight for years, with vacancy rates below one per cent in virtually all major population centres, according to the Canadian Mortgage and Housing Corporation.
It also measured the average cost of a two-bedroom apartment in Vancouver in 2017 at $1,552, the highest in the country.