Timmins, Ont. targets Airbnb with new rules for short-term rentals

Timmins has joined a growing list of northeastern Ontario cities imposing regulations on short-term rentals such as Airbnb and Vrbo. 

Under a bylaw that took effect Jan. 14, short-term rental properties must now be licensed as businesses. The bylaw requires rental operators to meet property standards, follow health and safety regulations, and collect a four per cent Municipal Transient Accommodation Tax.

Mayor Michelle Boileau said the changes aim to ensure fairness and safety while creating a new revenue stream for the city.

“This is a revenue source for the municipality. It’s a tool that we have to generate revenue without being on our tax base on the tax levy,” Boileau said.

“[Consumers] can be assured that their short-term accommodation will meet all of the safety requirements. As property owners treat this as a business venture, it will enhance the quality of the rental units available.”