Montreal’s extreme regulations risk over $400 million in economic activity - Airbnb Newsroom

9 months agoMontreal, CanadaScore: 85
Regulations & Compliance
Local News
Local Regulations
Permits
Market Research
Airbnb

Summary

New regulations in Montreal are predicted to risk over $400 million in economic activity. Hosts should be aware that extreme regulations can negatively impact their business and the local economy. Stay informed about local regulations and advocate for balanced policies.

Key Insights

  • •Extreme regulations in Montreal risk over $400 million in economic activity.

Action Items

  • ✓
    Stay informed about any proposed or enacted changes to short-term rental regulations in Montreal.
    Effort: low
    Impact: medium
  • ✓
    Consider contacting local representatives to voice concerns about overly restrictive regulations.
    Effort: low
    Impact: medium

Watch Out For

  • ⚠Failing to comply with local short-term rental regulations can result in significant financial losses.