Thank you very much, Mr. Lane.
My next question is for you, Mr. Foley. You spoke about the negative repercussions of the abusive use of Airbnb on the Newfoundland and Labrador hotel industry. That phenomenon is happening everywhere, and Montreal is no exception. Over the Formula 1 Grand Prix weekend in Montreal, to mention only that, the government lost at least $200,000 in GST revenue alone.
Certain provincial elected members like Amir Khadir, from Québec solidaire, are proposing bills, not to forbid the sharing economy and the renting of apartments, but to provide a good framework for it. For instance, we need to make sure that the person lives in the apartment he or she rents to a tourist or another person. To ensure that this is a marginal activity and that the apartment rented to a third party should not be considered a hotel, we could limit its rental to 60 days a year.
Would your association see that in a positive light?