
Feds Have ‘Opportunities’ to Reduce Short-Term Rentals Through Taxes, Says Minister Fraser
Housing Minister Sean Fraser confirmed his government’s intent to implement measures to reduce the number of residences being used by owners as short-term rentals. “I think we have opportunities to reduce the number of units used for this purpose and to increase the number of units available in general for the population,” Mr. Fraser said in French to reporters on Nov. 20. The day before the Liberals were set to present their fall budget update, the minister was asked by reporters about his government’s intention to target property owners who use services like Airbnb. Mr. Fraser did not provide details about the measure, but the Toronto Star reported on Nov. 19 that the plan would impact property owners in areas where short-term rentals are already restricted....
