Newspaper article The Canadian Press

National Audio 5:15 PM ET

Newspaper article The Canadian Press

National Audio 5:15 PM ET

Article excerpt

National Audio 5:15 PM ET

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NAT083 - (Airbnb-BC) VICTORIA. x-13s. The B-C government and Airbnb have an agreement to collect up to 11 per cent in provincial and municipal taxes from short-term rentals. Airbnb spokeswoman Alex Dagg says the tax changes are an opportunity for the B-C government to benefit from the economic potential of home sharing. ("..for years.") (SOURCE:The Canadian Press)

TAG: Finance Minister Carole James says government will use the new tax revenue to fund housing and tourism initiatives.

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NAT084 - (Wine-Ban-Reaction) OLIVER, B.C. x-9s. A B-C winemaker says he shocked by Alberta's sudden ban on their wine. Jan Nelson with Tinhorn Creek Vineyards says the operation near Oliver sends about 15 per cent of their production to Alberta, so the prohibition will cost about 100-thousand dollars every month. ("..pretty quick.") (SOURCE:The Canadian Press)

TAG: Nelson says for now, Tinhorn Creek will focus on getting its wine to other B-C markets, but long-term they may need to look at shipping to other provinces or internationally.

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NAT085 - (Airbnb-BC) VICTORIA. x-17s. The B-C government and Airbnb have reached a deal to collect taxes on short-term rentals. The money will be used to fund housing affordability initiatives. Finance Minister Carole James says the agreement is the first of its kind in Canada and indicates the sharing economy is here to stay. ("..level playing field.") (SOURCE: The Canadian Press)

TAG: Airbnb has agreed to collect the eight per cent provincial sales tax and a three per cent municipal and regional district tax on accommodations in the province. …

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