Newfoundland and Labrador Implements Stricter Rules for Short-Term Rentals
Newfoundland and Labrador has joined the ranks of jurisdictions cracking down on short-term rentals, with new regulations requiring operators to register with the provincial government by June 30 or risk being removed from online platforms like Airbnb.
The amendments, passed on Friday, extend the registration requirement to homeowners who list their own properties for short-term rental. Deborah Bourden, chair of Hospitality Newfoundland and Labrador, believes these regulations will create a more level playing field between short-term rentals and larger, established accommodations.
Under the new rules, all accommodations must adhere to the same standards for fire safety and insurance coverage. Bourden emphasized the importance of prioritizing fire, life, and safety concerns within the industry.
While the regulations are not intended to push out Airbnb owners, some may find the new standards too costly or challenging to meet. In British Columbia, authorities are taking an even stricter approach by limiting short-term rentals to primary residences and secondary suites only.
The goal of these regulations is to address housing affordability and access issues by returning short-term rental properties to the regular housing market. However, not everyone agrees with this approach, with some arguing that it infringes on property rights.
The debate over short-term rentals is not unique to Newfoundland and Labrador, as other regions in Canada are also considering similar regulations. In Ontario’s Muskoka Lakes, officials are contemplating a bylaw that would create a registry and listing of short-term rentals to address disruptive behavior and ensure proactive management of rental properties.
As the short-term rental industry continues to evolve, stakeholders are navigating the balance between economic opportunities and community concerns, with regulations playing a key role in shaping the future of this sector.