HAC Resource Centre

This report analyzes short-term rentals (STR) regulation in the province of British Columbia, and applies the results of a new Canada-wide study of the impact of STR regulations on rents to BC communities. It calculates the amount of rent decreases in BC attributable to municipal STR principal residence restrictions, caused by STRs, estimates the likely impact of the Province’s new STR rules on rents, and provides early evidence about host compliance with the new rules.

Global travel is strong, but Canadian hotels lack the workforce needed to seize this opportunity.

Canada has a housing crisis. This is exacerbated by the unchecked growth of Short-Term Rentals (STRs).

Fake bookings, linked to immigration fraud on temporary resident visa (TRV) applications, are on the rise in Canadian hotels.

Canada’s hotel industry is a significant economic contributor, generating $22 billion in economic activity and employing over 148,000 people. The sector consists of 45% brand management companies and 55% independent hotels, with small businesses making up 75%. It supports various industries and offers meaningful employment, with advanced skills development and growth opportunities, particularly for Indigenous people, new Canadians, and women.

Despite the resurgence in global travel, Canada is losing ground as a destination of choice for international travellers.