Saturday, May 2nd, 2026

Canada Tax Rule Curbs Airbnb Deductions to Ease Rental Shortage

Canada Tax Rule Curbs Airbnb Deductions to Ease Rental Shortage

Canada introduced tax measures on Tuesday to ease a severe rental housing shortage by limiting income tax deductions on short-term rentals on services such as Airbnb Inc (ABNB.O) and VRBO, joining many countries that are enacting similar laws.

The new rules apply as of Jan. 1 in provinces and municipalities that bar short-term rentals, and affect deductions such as interest expenses, the federal government said in its fall economic statement ... [READ MORE]

 

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