Here’s how much the City of Ottawa generated in taxes from Airbnb in 2023
The tourism industry was quite profitable for the City of Ottawa in 2023 with Airbnb generating a big sum in tax revenue.
Airbnb announced on Thursday that last year, hosts on the platform collected $1 million in taxes for the city.
The city of Ottawa requires accommodation providers to collect a Municipal Accommodation Tax (MAT) on all rooms sold for overnight accommodation, with the money used to support marketing Ottawa as a tourist destination. The MAT on hotel rooms and short-term rentals was four per cent in 2023, and has been increased to five per cent this year.
The platform says that in 2023, hosts across Canada generated around $319 million in taxes, including approximately $164M in federal GST, HST and PST.
Tax revenue generated in Canada include:
• Toronto: $11 million (MAT and fees)
• Mississauga: $1 million (MAT)
• British Columbia: $93 million (Municipal and Regional District Tax and PST)
• Québec: $15 million (QST and tax sur l'hébergement touristique)
• Manitoba: $2 million (RST)
• Saskatchewan: $1 million (PST)
More information about Airbnb’s tax collections for 2023 is available online.
Jurisdictions around the world use the tax dollars to fund road infrastructure, parks and recreation services for travellers, the platform adds.
CTVNews.ca Top Stories
'It went horribly wrong': DNA analysis sheds light on lost Arctic expedition's grisly end
Archaeologists have identified the cannibalized remains of a senior officer who perished during an ill-fated 19th century Arctic expedition, offering insight into its lost crew's tragic and grisly final days.
Missing father, kids spotted in New Zealand wilderness 3 years after disappearance: police
A New Zealand man who disappeared with his three children in 2021 was spotted on a farm along the country's northwest coast, police say.
Common heart conditions raise the risk of dementia, experts say
If you are one of the millions with heart disease, you have a higher risk for future dementia, according to the American Heart Association.
Partial remains of British climber believed found 100 years after Everest ascent
The partial remains of a British mountaineer who might -- or might not -- have been one of the first two people to climb Mount Everest are believed to have been found a century after their ascent of the world's highest peak, according to an expedition led by National Geographic.
Al Pacino says being a new dad at 84 is a 'mini miracle'
Al Pacino is enjoying being a late-in-life dad. The legendary actor talked about being a father to a brood, including to 16-month-old Roman with producer Noor Alfallah.
Trudeau tells premiers to start cutting pharmacare deals as soon as possible
Prime Minister Justin Trudeau is calling on provinces and territories to start negotiating pharmacare deals as soon as possible, now that the federal legislation to enact the program has become law.
B.C. billionaire posts third large sign criticizing NDP ahead of the election
British Columbia billionaire Chip Wilson has put up yet another billboard message to voters, his third post outside his multimillion-dollar mansion in NDP Leader David Eby's own riding.
Two Ontario sisters fly to Newfoundland after mother loses $20K to romance scam
Two sisters from Ontario travelled to Newfoundland to spend time with their mom after they learned she lost $20,000 to a romance scam.
opinion What are the best ways to boost your income in Canada?
Whether you're looking to pay off debt, save for a big purchase, or simply give yourself greater financial stability, personal finance contributor Christopher Liew shares some of the best ways to boost your income.