Toronto City Council has approved new rules aimed at preserving long term rentals in the city. The new rules in Toronto are similar to the recent ones passed in Vancouver. It will now be illegal to rent out your basement or secondary space in your primary residence. You can still rent out primary residence as before. … Continue reading Toronto follows Vancouver in Passing Strict Airbnb Rules
To combat shortage of rentals in the city, Vancouver passed a by law limiting short term rentals. This ban does not affect individuals renting out their own place / principal residence, but affects businesses or individuals who own or rent our more than one property. Vancouver's real estate prices have been through the roof, and … Continue reading Vancouver To Target AirBnb, $1k Fine if Unlicensed
Airbnb has long been hunted by government bodies across the world as someone who refuses to follow the rules and pay / collect taxes. This is all in a past now, at least in the province of Quebec, as well as City of Toronto. Airbnb agreed with Quebec that it will collect a lodging tax … Continue reading Airbnb Signs Deal with Quebec , other Canadian Cities
Breather’s aim is to connect the world’s spaces into a network and make them globally accessible via software. Through software, networks, and vision and with a focus on customer experience and design, Breather allows everyone to access space that suits them, anywhere in the world. Breather aims to be a reliable solution in people’s work … Continue reading Montreal Breather is AirBnb for office space, raises $73m to date
AirBnB is in talks to acquire Montreal based Luxury Retreats, according to Bloomberg's interview. Luxury Retreats's purchasing cost discussed was around $300m USD in cash and stock options. "We are always looking to provide our community with access to new and different options, but we have no announcements to make," Airbnb spokesman Nick Papas said … Continue reading Montreal Luxury Retreats is about to be acquired by behemoth Airbnb?