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Rob Shaw: ‘Double-whammy’ coming this week for owners of short-term rentals (The Orca)


Owners of short-term rental properties, already reeling from restrictions brought in by the BC NDP, can expect to get a double-whammy this week courtesy of the federal government.

Finance Minister Chrystia Freeland is set to unveil tax code changes that would ban owners of Airbnb-style properties from writing off their rental expenses against their income, according to a report in the Toronto Star.

The change, to be announced in Tuesday’s economic update, would apply to areas that already restrict short-term rentals, such as British Columbia. It would come into effect Jan. 1, according to The Star ...

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