Keyword
Airbnb
Vancouver’s short-term rental listings drop by half after new rules introduced
September 11, 2018 The Canadian PressVANCOUVER – The City of Vancouver says the number of short-term rentals listed online has dropped by almost half since new rules came into effect requiring operators to have a business licence. There are 3,742 active Vancouver listings on sites…
Airbnb asks federal government for regulation
August 20, 2018 Jordan Press - THE CANADIAN PRESSOTTAWA – One of the world’s largest short-term rental websites is inviting the Trudeau Liberals to create a regulatory regime for the burgeoning industry – something its critics have long advocated and raising pressure on the government to set rules…
Montreal borough votes to restrict Airbnb-style rentals in downtown core
June 13, 2018 The Canadian PressMONTREAL – A Montreal borough is bringing in new rules aimed at limiting the number of short-term rentals in the city’s downtown core. Councillors in the Ville-Marie borough voted in support of a new motion on Tuesday evening to restrict…
Airbnb rentals being used for alleged human trafficking: Toronto police
February 22, 2018 Michelle McQuigge - THE CANADIAN PRESSToronto police say a recent case of alleged human trafficking is the latest in a growing trend involving people using Airbnb rentals to conduct their illicit transactions. Det. Sgt. Nunzio Tramontozzi said police have seen a surge in such cases…
Four markets for Airbnb coverage
November 20, 2017 Jason Contant, Online EditorWith Vancouver City Council voting to approve new regulations for short-term rentals, including Airbnb, and Toronto considering the move, the question remains: who is insuring these rentals? Stefan Tirschler, product and underwriting manager at Vancouver-based Square One Insurance Services, told…
Newly legalized Airbnb rentals — Who’s insuring them?
November 16, 2017 Jason Contant, Online EditorVancouver City Council has approved new regulations for short-term rentals, including Airbnb, legalizing rentals of less than 30 days in principal residences in the city. The regulations, which come into effect April 2018, allow city residents to apply for and…
Traditional homeowners’ insurance on a collision course with the sharing economy
November 3, 2017 Laura L. Emmett and Kaitlyn E. ArmstrongThe Rise of the Sharing Economy Consumers are increasingly interested in leasing and sharing products rather than buying and owning them. The aptly named “sharing economy” is growing rapidly, fueled in part by social media, which facilitates communication between peers…
Regulatory reforms of homesharing services may penalize casual users, Airbnb says
October 26, 2017 Aleksandra Sagan - THE CANADIAN PRESSVANCOUVER – As Canadian cities continue to wage a regulatory crack down on online home-rental platforms, Airbnb maintains it’s open to regulation provided new rules don’t penalize casual users and recognize not every host runs a full-fledged business. Vancouver and…
Quebec, Airbnb reach agreement to collect lodging tax in the province
August 29, 2017 The Canadian PressMONTREAL – Airbnb and the province of Quebec have announced what is being called a first tourist tax agreement on short-term rentals in Canada. Quebec Tourism Minister Julie Boulet and officials with the Canadian arm of the home-sharing platform made…
62% of Canadians “oppose” or “somewhat oppose” banning ridesharing services: poll
July 25, 2017 by Canadian UnderwriterMore than six in 10 Canadians (62%) oppose or somewhat oppose banning ridesharing services such as Uber, according to recent polling conducted by Nanos Research. When asked their level of support for banning services like Uber, slightly more than three…
Platform provider revenues for sharing economy forecast to double in 2022: Juniper Research
July 24, 2017 by Canadian UnderwriterThe move by established sectors to press their first-mover advantage looks poised to push growth in the sharing economy much higher over the next five years, reaching US$40.2 billion in 2022, notes a new research report released Monday by U.K.-based…
The Commonwell Mutual Insurance Group launches new policy to protect clients against “home sharing rentals gone wrong”
July 10, 2017 by Canadian UnderwriterLindsay, Ont.-based The Commonwell Mutual Insurance Group, a home and auto insurance company, announced on Monday the launch of a new policy designed to protect clients against “home sharing rentals gone wrong” on popular sites like Airbnb, FlipKey and HomeAway.…