Nova Scotia Canada covid-19 Stephen McNeil airbnb Coronavirus Nova Scotia Canada

Slow start to Nova Scotia’s short-term rental registry as industry ravaged by COVID-19

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short-term rental registry is off to a slow start as the province says it is focusing on education rather than implementing fines.The registry is the tool that Nova Scotia was going to use to regulate a booming short-term rental industry that’s been conducted through services like Airbnb or HomeAway.Data from Statistics Canada indicate that in 2018, the year with the latest available data, private short-term rentals in the province generated an estimated $70.85 million in revenue.

Nova Scotia attempts to find balance as it prepares to regulate its $70M short-term rental market That was a dramatic increase from 2015, when revenue was estimated at only $1.115 million.That includes all short-term rental properties like those offered on.

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