September 15, 2016
MONTREAL — Quebec is often held up as a model for other provinces to follow when it comes to regulating the growing home-sharing market, but doubts are being raised over whether recent provincial changes are having any impact. In April, the provincial government amended its tourist accommodation law in an effort to help level the playing field between people who rent out their homes through services such as Airbnb, and hotels and bed and breakfasts. Anyone advertising a rental accommodation for tourists for no more than 31 days on a “regular basis” is required to obtain a $250 permit, have at least $2 million of insurance and pay a nightly hotel tax. So far, fewer than 500 permits have been issued across the province, including just 41 in Montreal, according to the province’s Tourism Department. That represents a fraction of the more than 10,000 units listed on websites like Airbnb, HomeAway and Kijiji….
Source: http://www.ctvnews.ca/business/doubts-raised-over-quebec-legislation-regulating-airbnb-type-rentals-1.3073362
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