On January 31, 2023 the Commissioner of Yukon issued Order in Council 2023/32 amending the Residential Tenancies Regulation (2023) pursuant to the Residential Landlord and Tenant Act.

The Residential Tenancies Regulation has been amended with changes to sections 4 and 9.01. Section 4 has been amended to include exemptions in the Residential Landlord and Tenant Act Exemption Regulation, while section 9.01 has been modified to impose a limit on rent increases by landlords. During the rent adjustment year beginning in 2022, landlords cannot impose a rent increase greater than 3.3%, and beginning in 2023, the maximum increase is determined by the percentage increase in the Consumer Price Index. Section 9.01 is now a standard term of each tenancy agreement, but it does not apply to rental units operated by housing agencies or organizations if rent is related to the tenant’s income.

The residential rent index to the CPI and the Residential Landlord and Tenant Act Exemption Regulation are part of the renewed Confidence and Supply Agreement between the Yukon Liberals and the Yukon NDP. The original Confidence and Supply Agreement was signed in April 2021 to ensure that the Liberals formed a minority government, following a tied result of eight seats each with the Yukon Party in the territorial election. The agreement is in effect until either the passing of the 2025-2026 budget or the calling of a general election.

*Source: Yukon (OIC 2023/32)  February 15, 2023.