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Robust Recovery Signals Economic Boost in Tourism Industry

Canada's tourism industry is demonstrating a robust rebound, expected to make a substantial contribution of over $162 billion to the country's economy in 2023, according to recent research by the World Travel & Tourism Council (WTTC). The study forecasts the creation of approximately 90,000 jobs in 2023, bringing the total employment in the industry to 1.64 million.

New Regulations Impacting Short-Term Rentals in Quebec

Quebec has enacted specific regulations outlined in Bill 25, targeting unauthorized tourist accommodations. The legislation introduces stringent measures to combat illegal rentals, with offending platforms facing substantial fines, potentially reaching up to $100,000 per illicit advertisement.

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Ranking Shows Average Airbnb Rental Prices in Major Canadian Cities

Montreal ranks seventh among the most expensive cities in the country for Airbnb rentals.

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Tensions in U.S. politics evolve into a scenario that could benefit tourism in Canada

If Americans travel more to Canada due to the devaluation of the Canadian dollar or if Canadians opt for more domestic destinations, Canadian tourism could benefit.

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Accepting Pets in Short-Term Rentals: Pros and Cons for Property Owners

The decision to allow pets in a short-term rental can be a strategic choice or a challenge, depending on your approach and goals.

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