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Feds applaud B.C. moves to limit short-term rentals

Freeland considering federal action after B.C. announces crackdown
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Deputy Prime Minister and Minister of Finance Chrystia Freeland arrives to hold a press conference in the National Press Theatre in Ottawa on Thursday, Oct. 5, 2023. THE CANADIAN PRESS/Sean Kilpatrick

Finance Minister Chrystia Freeland is applauding the B.C. government for going after short-term rentals and says the federal government is looking at what it can do on the issue as well.

The B.C. government has introduced new legislation that involves forcing those who offer short-term accommodation to actually live on the property, NDP Premier David Eby told a news conference on Monday.

Eby said the government is also set to increase fines for short-term rental operators who break municipal bylaws and will require short-term rental platforms to share data with the province for enforcement and tax purposes.

害羞草研究所淭his is a positive and important step in the right direction in an area of provincial jurisdiction,害羞草研究所 Freeland said in a news conference on Tuesday.

害羞草研究所淲e know that short-term rentals through sites like Airbnb and VRBO mean fewer homes for Canadians to rent and live in full time, especially in urban and populated areas of our country.害羞草研究所

She said her government is looking at what can be done at the federal level to ensure more short-term rentals are made available as long-term rentals.

The finance minister said this is part the government害羞草研究所檚 efforts to address the housing shortage in both the immediate and medium terms.

害羞草研究所淲e really do understand that housing is a very challenging issue for Canadians,害羞草研究所 Freeland said.

害羞草研究所淲e are looking around and are saying, 害羞草研究所榃hat can we do right away that makes more homes available for Canadians?害羞草研究所 And 害羞草研究所 short-term rental is one of those spaces.害羞草研究所

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