Housing Minister Ravi Kahlon introduced the bill Monday in the legislature, saying there has been"an explosion" of short-term rental units and the legislation will target areas with high housing needs.
Most of the rules will apply to communities that have a population of 10,000 or more, and a provincial host and platform registry will be established by late next year. Premier David Eby said the number of short-term rentals has ballooned in recent years and the government is taking action to reduce “profit-driven mini-hotel operators” by bringing in new enforcement tools.
Source: Law Daily Report (lawdailyreport.net)
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