“Right direction”: Government of Canada applauds BC short-term rental regulations

In October 2023, Chrystia Freeland, Canada's finance minister, applauded BC's new regulations to address the issues in the province's short-term rental market. Freeland noted the impact of these rentals on the availability of homes for Canadians to rent and live in full-time. The Canadian government is exploring federal options to address the short-term rental market across the country and more information is expected to be released in the coming weeks.

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