I
n BC's current economic climate, provincial priorities must adapt to address pressing issues beyond affordable housing. The province's tourism sector and overall economic wellbeing are equally crucial concerns. Since the implementation of the Short-Term Rental Accommodations Act, the province has faced a series of economic challenges that require attention. With domestic tourism expected to surge this summer due to geopolitical factors, it's time to reassess STR legislation.

    Our sector acknowledges the need for increased housing supply and advocates for long-term rentals as a vital part of the housing continuum. However, we propose changes to balance housing and economic needs in regional communities. A key recommendation is to return zoning autonomy to local governments.

    Currently, local governments can opt out of the principal residence rule if they meet specific criteria, such as a 3 per cent vacancy rate for two consecutive years. This provision has proven too restrictive for many communities. For example, Parksville's Mayor Doug O'Brien argued that his city deserved a partial exemption due to its unique STR needs and infrastructure designed for temporary tourism usage. After a lengthy justification process, the Minister of Housing granted a partial exemption, demonstrating that local needs must be taken seriously.

    Similarly, Prince George's Councillor Brian Skakun noted how the regulations would harm the city, which relies heavily on STRs for healthcare and construction workers. Councillor Kyle Sampson suggested an alternative approach: using an average vacancy rate over several years to determine eligibility for exemptions. This more nuanced approach would better address the diverse needs of regional communities.