Managing the Short-term Rental Market in Canada: A Comparative Analysis of Policy, Planning, and Regulatory Strategies in 25 Municipalities

56 Pages Posted: 4 Mar 2022 Last revised: 25 Oct 2023

See all articles by Anna Cameron

Anna Cameron

University of Calgary

Lindsay M. Tedds

University of Calgary - Department of Economics

Date Written: October 19, 2023

Abstract

Canada’s short-term rental (STR) market has grown considerably in recent years, resulting in a heightened focus by local governments on adopting regulatory approaches to manage it. Indeed, since 2018, an increasing number of Canadian governments (largely cities) have introduced regulatory frameworks to both mitigate perceived negative impacts of the STR market, as well as reap some of its benefits. In light of the gap in Canada-focused research on STR regulation, this article analyzes in comparative perspective the regulatory approaches adopted in 25 Canadian jurisdictions in response to the rise of platform-mediated home sharing. We find that aspects of regulation, such as licensing and registration, are increasingly a question, not of “if,” but rather “how” and “to what extent,” with the most promising approaches being those that reflect sophisticated understandings of the range of activity that plays out in the market and the various actors, including platforms and property managers, involved. For jurisdictions looking to introduce or tweak approaches going forward, there is potential benefit in reframing market regulation as a governance issue, rather than a technical legal problem. From this standpoint, of particular promise are joint governance approaches which involve municipalities and other local jurisdictions implementing distinct rules within the context of an overarching provincial framework.

Keywords: Short-term Rental, Market Failure, Regulatory Fracture, Regulation, Innovative Disruption, Community Impact

JEL Classification: R19, H79, Z38

Suggested Citation

Cameron, Anna and Tedds, Lindsay M., Managing the Short-term Rental Market in Canada: A Comparative Analysis of Policy, Planning, and Regulatory Strategies in 25 Municipalities (October 19, 2023). Available at SSRN: https://ssrn.com/abstract=4009268 or http://dx.doi.org/10.2139/ssrn.4009268

Anna Cameron

University of Calgary ( email )

University Drive
Calgary, Alberta T2N 1N4
Canada

Lindsay M. Tedds (Contact Author)

University of Calgary - Department of Economics ( email )

University Drive
Calgary, Alberta T2N 1N4
Canada

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
323
Abstract Views
1,058
Rank
170,187
PlumX Metrics