Finance committee  I would suggest that the study they put out has a number of factual errors in it and is based on incorrect data. We're happy to provide some of that analysis to this committee if that's helpful. The other thing to point out is that when you think about what they describe as more

Finance committee  Absolutely. They'll get an anonymized listing that backs it up as well, plus they have an audit if they want to go and check to make sure. This way we ensure 100% compliance with the lodging tax in Quebec on our platform. We're the only platform that does this.

Finance committee  The Quebec hotel industry is very pleased that we've done this agreement in Quebec. We'd like to be able to do it in other parts of the country. We're currently engaging and doing that as well. I think the hotel industry sees us as a competitive threat. Frankly, we think there is

Finance committee  Are you talking about the tourist tax in Quebec?

Finance committee  They're not our employees. The hosts are not our employees. We cannot send that kind of personal, identifiable income tax information. They don't work for us. That's the heart of the idea of the an Internet platform. However, with the province of Quebec, in terms of our lodging

Finance committee  Yes, we've built it into the engineering on our platform, so that when you book an Airbnb listing in Quebec you will see, when you look at the final amount, if it was $100, it's now $103.50. We collect it on the back end in our platform, so the host community doesn't have to touc

Finance committee  We've actually worked a lot with the municipal politicians in Rosemont already, and have had a number of communications with them, as well as other boroughs in Montreal. You may know that there are already regulations in the province of Quebec. We've been working with the provinc

Finance committee  Our company's headquarters is in San Francisco, but we do have an office in Toronto.

Finance committee  We also purchased a company in Montreal recently. It's Luxury Retreats with 250 employees employed in Montreal.

Finance committee  We earn 3% on every transaction, so 97% stays with them. Our parent company is headquartered in Ireland and the Irish company pays whatever taxes we owe wherever in the globe, but we're very pleased to be able to contribute the tourism tax in Quebec—

Finance committee  The bulk of the revenues are actually taxed in Canada with the 97% that are earned by our host community subject to income tax.

Finance committee  Yes, but the voluntary tax compliance is the heart and soul of our income tax across the entire country. That's one of the reasons why we collaborated with CRA to improve that. We're very pleased about our partnership to help with the education and knowledge about compliance with

Finance committee  We survey all our major markets globally every year. The restaurant data we just talked about for Toronto, Montreal, and Vancouver was based on surveys from both our guest and host community, where they tell us how and when they spend their money. One of the interesting things a

Finance committee  Good morning. I am Alex Dagg, and I am Airbnb's public policy manager here in Canada. I am also an Airbnb host. I would like to express my thanks to all members of the finance committee for your time today. The Government of Canada has focused its last two budgets on middle-clas