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New Air BNB Rules in BC Canada

Early this week the province announced their Short-Term Rental Accommodations Act.

LINK TO DOCUMENT

GOOD LINK FOR DETAILS 

From the Ministry of Housing:

The legislation focuses on three key areas:

  • increasing fines and strengthening tools for local governments;
  • returning more short-term rentals to long-term homes; and
  • establishing provincial rules and enforcement.


Changes to how short-term rentals operate will come into effect through a phased-in approach and will include:

Increasing fines and better tools for local governments:

  • increasing fines for operators breaking local rules to support local municipal bylaws, and requiring short-term rental platforms to share data to strengthen local enforcement;
  • requiring online short-term rental platforms to share their data with the Province, so the Province can provide that information to local governments for enforcement and support of provincial and federal tax auditing;
  • requiring short-term rental platforms to include businesses licence numbers on listings where they are used by a local government, and to remove listings without them quickly to ensure local rules are being followed; and
  • giving regional districts the ability to issue business licences so they can more effectively regulate short-term rentals in rural areas.


READ THE NEWS RELEASE HERE


REVIEW THE BRIEFING PRESENTATION HERE

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