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Quebec’s Airbnb regulations: Will homeowners abide?

Although Quebec’s provincial government recently amended its tourist accommodation legislation to regulate people participating in home-sharing, some have doubts on how the law has affected this new service.

Under the law, anyone who advertises rental accommodations for no more than 31 days must purchase at least $2 million of insurance, as well as secure a $250 permit. According to one media source, less than 500 permits have been issued across the province—41 of those in Montreal.

To compare, it is important to note that over 10,000 units are listed on home-sharing websites in Quebec—meaning that renters are not purchasing the necessary insurance.

Users are finding loopholes in the law, making lawmakers realize the need to take a stance against the illegal activity. Because the modifications were only issued five months ago, there is hope that over time compliance will improve.