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Pacific Canada  + Canada + Cross Border News + Maritimes + Quebec  + Apartments  | 
An Edmonton STRs group wants the city to regulate their businesses rather than ban them.

Report Calls for Tougher B.C. Short-Term Rental Rules

A new McGill University report is calling for tougher rules for B.C. short-term rentals as lest they continue to take thousands of rental-housing units off the market.

If the province’s STR market maintains its current trajectory, STR-induced housing losses to such services as Airbnb and VRBO will increase 15.6% to 19,400 by summer 2024, says the report. Such an increase would spell a $23 average rise in monthly rents STRs exploded 19.% year-over-year in June, taking 16,810 housing units off the market.

McGill’s Urban Politics and Governance research group, led by David Wachsmuth, completed the report for the B.C. Hotel Association. The report calls for mandatory province-wide STR host and booking-registration systems. It also urges the province and municipalities to regulate STRs and consider principal-residence restrictions that redirect STR activity towards home-sharing and away from commercial operations.

The B.C. government plans to introduce STR rules this fall. Halifax implemented new STR regulations September 1 but the regional municipality has proceeded slowly on enforcement. Quebec has also introduced STR regulations.

Photo: Daniel Krason /


Inside The Story

Urban Politics and Governance Research GroupDavid Wachsmuth

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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  • ◦Policy/Gov't
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