Tag Archives: Ravi Kahlon

Number of Tri-Cities properties cashing in on short-term rentals spikes 45% in year

Editor’s note: To what extent are we looking at a province wide trend? Is this spike happening in our area, or is it a more urban phenomenon?

By Patrick Penner, Tri-Cities Dispatch, Local Journalism Initiative Reporter

The number of landowners in the Tri-Cities using their properties for short-term rentals spiked 45 percent in one year. 

In August, sites like Airbnb and Vrbo posted 807 active listings for Coquitlam, Port Coquitlam, Port Moody, according to data provided by AirDNA, a market research provider.

That’s up from 446 total listings in August 2022. Despite the number of active listings being halved during the COVID-19 pandemic, overall rental growth still jumped 35 percent since 2018.

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A remote Canadian island makes history in fight for affordable housing

Canada’s National Observer, Local Journalism Initiative Reporter

A remote Canadian island is breaking ground on a new way to buffer the negative effects short-term vacation rentals have on the housing crisis facing small, rural tourism-based communities. 

B.C.’s Cortes Island is making housing history as the first community in the province to tax short-term holiday rentals and have all the funds directed to affordable housing projects, said Mark Vonesch, the area’s Strathcona Regional District director. 

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Vancouver Airports aims for net zero carbon by 2030

By Hannah Scott, Richmond Sentinel, Local Journalism Initiative Reporter

Vancouver International Airport is moving up its goal of becoming net zero by 20 years, from 2050 to 2030.

“We want to become the world’s greenest airport because we know that flying is an essential part of a connected society and a growing economy,” said the airport’s president and CEO Tamara Vrooman. “But at the same time, we know that emissions are a part of our industry. It’s not flying that’s the enemy, it’s carbon, and we have to find ways to decarbonize an essential service that is so important.”

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End heckling during Question Period, survey suggests

By Fran Yanor, The Rocky Mountain Goat, Local Journalism Initiative Reporter

A recent survey revealed most British Columbians want to end heckling during Question Period, and if the first week of the 2021 legislative session was any indication, the Speaker is no fan either.

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Whole Trees Ground Into Pellets For Fuel

By Carl Meyer, National Observer, Local Journalism Initiative Reporter

Companies can cut down whole trees to be ground into pellets for fuel if they are “inferior,” says British Columbia’s natural resources ministry, a position that has led to concerns the government is “rebranding” old growth forests as low-quality in order to justify logging them.

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