The provincial government is set to announce a new agreement with Airbnb Wednesday morning to address affordable housing in the province.
Details of the agreement will be announced at 11:30 a.m. PT in Victoria.
Vancouver and Victoria have put in municipal rules to restrict short-term vacation rentals amid concerns that the properties are contributing to the on-going rental home crunch. There are no provincial rules regulating companies like Airbnb and VRBO.
We will be livestreaming the announcement at 11:30 a.m. PT. You can watch it above.
More to come.
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