National

Changes for short-term rentals as of May 1st

Darpan News Desk The Canadian Press, 18 Apr, 2024 12:28 PM

The B-C government says analysis of short-term rental data from March showed that more than 19-thousand entire homes in the province are listed for rent for most of the year.

That figure will change starting May 1st, when the new short-term rental rules kick in for more than 60 communities in B-C.

Premier David Eby says the rules will allow the government to crack down on speculators who are effectively operating mini hotels, but it also ensures homeowners can rent out space in their principal residence.

Also starting May 1st, short-term rental platforms such as Air B-and-B will be required to share data with the province, and local governments can request that a platform remove listings that don’t display a valid business licence.

Prev Next

MORE National ARTICLES

Drug seizure at Surrey border: CBSA

Mounties in B-C are recommending numerous charges against an Edmonton man after a drug seizure at a Canadian border crossing in Surrey. The Canada Border Services Agency says the driver was arrested and officers seized roughly 65 kilograms of cocaine at the crossing last July after a detector dog raised the alarm during a commercial truck examination.

Drug seizure at Surrey border: CBSA

Thousands march to funeral for murdered B.C. Mountie Rick O'Brien, 51

Thousands of officers in uniform filled the event centre in Langley, B.C., to attend a regimental funeral for RCMP Const. Rick O'Brien who was killed last month in Coquitlam. Officers from around the province, including RCMP, other police services, firefighters, military and others attended the ceremony for O'Brien, who is the tenth police officer to be killed in Canada since September of last year.

Thousands march to funeral for murdered B.C. Mountie Rick O'Brien, 51

Canada opens applications for scholarships commemorating victims of Iran flight PS752

The Liberals have launched a scholarship to commemorate those killed in the downing of Flight PS752 by Iranian officials in 2020. The program will disburse 176 scholarships, one for each of the people who died when a Ukraine International Airlines flight was shot down outside Tehran. The victims included 55 Canadian citizens and 30 permanent residents, many of whom had significant academic accomplishments in Canada.

Canada opens applications for scholarships commemorating victims of Iran flight PS752

Novavax touts non-mRNA COVID vaccine, future of domestic production remains uncertain

The last remaining manufacturer to offer an alternative to mRNA COVID-19 vaccines in Canada is boasting about the importance of having several available vaccine options — though the company is providing little certainty about its ability to manufacture the shot domestically. The new formulation is awaiting Health Canada approval.

Novavax touts non-mRNA COVID vaccine, future of domestic production remains uncertain

Vancouver housing market more balanced after spring and summer slowdown: board

The Real Estate Board of Greater Vancouver says a jump in new listings is helping to bring some balance back to the region's housing market. The board says September sales totalled 1,926, a 13.2 per cent increase from the 1,701 sales recorded the same month last year. But the total was 26.3 per cent below the 10-year seasonal average of 2,614 and marked a 16.1 per cent drop from 2,296 sales in August.

Vancouver housing market more balanced after spring and summer slowdown: board

How rate hikes have sparked debate on the causes of inflation and how to fight it

Central banks have been trying their best to convince the public that their interest rate hikes are ultimately for the greater good. But not everyone is buying it. An informal coalition of labour groups, political leaders and economists has formed over the last year and a half to challenge the very economic concepts behind monetary policy.