Powered By:

    Canada Targets STR Platforms

    Canada will take action in the coming weeks to ease a rental-unit shortage exacerbated by short-term rental (STR) platforms, Finance Minister Chrystia Freeland said on Oct. 17. Freeland said the government is examining options to ensure more STRs become available as long-term rentals. The announcement came as British Columbia the prior day said it was creating rules to regulate short-term rentals by requiring hosts to register with the province, increasing fines for breaking local rules and restricting rentals to only a portion of the principal residence. In that province, there are 28,000 daily active short-term rental listings, up 20% from a year ago.

    Reuters (10/17/23) David Ljunggren; Nivedita Balu

    Read More

    Recent Stories
    LA City Council Approves Law Requiring STR Hosts to Get Police Permits

    Maui Mayor Proposes Bill Amendment to Make STRS Available for Displaced Wildfire Survivors

    Officials and Residents Discuss Future of Short-Term Rental Policy in Ithaca