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BC Greens promise commercial rent controls and first-purchase rights for small businesses

The BC Greens published a small business plan on October 18, pledging province-wide commercial rent and vacancy controls, a vacant property tax, and first-purchase rights for tenants when a commercial property is sold.

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Announcement. A campaign, a party or the City chose to say this. voche.me reports it as their claim. Read the original report on bcgreens.ca.

BC provincial election 2026 campaign coverage

The BC Greens published a small business plan on October 18 pledging to bring in province-wide commercial rent and vacancy controls across British Columbia. Emily Lowan, the party's leader and candidate for Saanich North and the Islands, announced the plan in Victoria.

The party's announcement says more businesses closed than opened in BC for five consecutive quarters and that BC recorded a net loss of 1,300 businesses in a single quarter in the previous year. These are the BC Greens' own figures and voche.me has not verified them against an independent source.

"Small businesses are at the heart of our communities," Lowan said in the announcement.

The plan has three parts. The commercial rent and vacancy controls would be province-wide and would limit rent increases during a tenancy, at lease renewal, and when a property changes tenants. The party says this would prevent the cost of tenancy from resetting upward each time a space turns over.

The second part would give municipalities the power to tax vacant commercial storefronts and properties. The announcement does not name a tax rate or a dollar amount. The stated purpose is to reduce the number of empty commercial spaces on main streets.

The third part would give commercial tenants, municipalities, First Nations, cooperatives, and community organizations the right to buy a qualifying commercial property before it is sold to another buyer when the owner decides to sell. The BC Greens say they would back this with provincial financing and loan guarantees. The announcement does not define which properties would qualify or how disputes would be handled.

The announcement cites two local figures as examples of the broader trend. Downtown Victoria retail rents rose 13 per cent in one year, according to the party's announcement. Available retail space in Sidney rose 30 per cent in a single quarter in the current year. Both figures are the party's own and voche.me has not checked them against an independent source.

No specific dollar costs appear in the announcement. No response from the BC Conservatives or the BC NDP to this plan had been reported by a news outlet at the time this article was written.

Voting day is October 24, 2026. Advance voting continues through October 21. You can read Emily Lowan's profile at /bc/provincial-2026/candidates/emily-lowan and compare party platforms at /bc/provincial-2026/parties/bc-green-party.

Questions this story answers

What did the BC Greens announce about commercial rent on October 18?

The BC Green Party published a small business plan pledging to bring in province-wide commercial rent and vacancy controls. The controls would limit rent increases during a tenancy, at lease renewal, and when a property changes tenants. Emily Lowan announced the plan in Victoria on October 18, 2026.

Who announced the BC Greens commercial rent plan?

Emily Lowan, the BC Greens leader and candidate for Saanich North and the Islands, announced the plan in Victoria on October 18, 2026. The party's announcement says the plan is a response to the closure rate of small businesses across British Columbia.

What figures did the BC Greens cite about small business closures?

The BC Greens' announcement says more businesses closed than opened in British Columbia for five consecutive quarters, with a net loss of 1,300 businesses in a single quarter in the previous year. These figures are the party's own and voche.me has not checked them against an independent source.

What did the announcement say about commercial rents in Victoria and Sidney?

The BC Greens' announcement says downtown Victoria retail rents rose 13 per cent in one year and that available retail space in Sidney rose 30 per cent in a single quarter in the current year. These are the party's own figures and voche.me has not verified them against an independent source.

What is the vacant property tax the BC Greens are proposing?

The BC Greens say they would give municipalities the power to impose a tax on vacant commercial storefronts and commercial properties. The announcement does not set a dollar amount or a tax rate. The stated goal is to reduce the number of empty storefronts on commercial streets.

What are first-purchase rights for commercial tenants?

Under the BC Greens plan, commercial tenants, municipalities, First Nations, cooperatives, and community organizations would have the right to buy a qualifying commercial property before it is sold to another buyer when the owner decides to sell. The party says it would back this with provincial financing and loan guarantees. The announcement does not define which properties qualify.

What did Emily Lowan say about the plan?

Lowan said: "Small businesses are at the heart of our communities." She also said in the announcement that government has focused on profits of large corporations over the survival of small businesses. These are the party's own statements.

What can a voter do with this information?

Voting day for the BC provincial election is October 24, 2026. Advance voting continues through October 21. You can read Emily Lowan's candidate profile at /bc/provincial-2026/candidates/emily-lowan and compare party platforms at /bc/provincial-2026/parties/bc-green-party.

Sources

The pages this story draws on. Open one to check a claim yourself.

  1. BC Green Party announcement, October 18, 2026bcgreens.ca
  2. BC Green Party platform, October 2026bcgreens.ca

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