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Alberta & Prairies  + Canada  + Multi-residential Housing  | 
An Edmonton STRs group wants the city to regulate their businesses rather than ban them.

Edmonton STRs Group Wants Regulations Instead of Ban

The Edmonton Short-Term Rentals Association wants the city to impose stricter regulations instead of banning short-term rental businesses, Postmedia reported.

The group issued a press release contending that a city councillor’s proposed STR business license bylaw would lead to a ban on STRs, such as Airbnbs.

Councillor Michael Janz wants the city to introduce tougher short-term rental accommodation rules, including a 90-day annual cap on STRs. Janz has joined a growing list of local, provincial and federal leaders who are seeking to reduce STRs to help increase Canada’s rental housing supply.

Surrey, B.C. Mayor Brenda Locke wants the Vancouver suburb to curb STRs in conjunction with the B.C. government’s new legislation covering them. Meanwhile, federal Finance Minister Chrystia Freeland has applauded the B.C. government crackdown.

Freeland says Ottawa is examining how it can convert STRs into more long-term rental housing units.

report by the Conference Board of Canada says Airbnbs do not increase rents significantly. STRs do not limit rental-housing supply, either, Tony Bonen, director of economic research at the Conference Board, told Connect.


Inside The Story

Michael JanzNathan Rotman

About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

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