Provincial - Accelerated Short Term Rental Opt-Out Process
In April, the Province announced they are accelerating the short-term rental opt-out process to a Feb. 28 submission and June 1 effective date for communities who are requesting to opt out. Eligible municipalities with sustained healthy rental vacancy levels will have an earlier effective date to opt out of provincial rules that restrict short-term rentals to principal residences, helping to meet summer tourism demand in locations where it makes sense for the community.Â
More information can be found in the full news release.Â