The new tax will be charged on short\u002Dterm accommodations in the city starting Feb. 1 until 2030.
The major events municipal and regional district tax charges an additional $2.50 on every $100 paid for short-term lodgings, including hotel rooms and accommodations booked through AirBNB or VRBO, starting Feb. 1.Start your day with a roundup of B.C.-focused news and opinion delivered straight to your inbox at 7 a.m., Monday to Friday.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
“Similar to how the province helped Whistler fund its 2010 Winter Olympics, we’re grateful for all our partners who are working together to give soccer fans, people in the tourism sector and all British Columbians this once-in-a-generation opportunity.”Article content Vancouver is the first city to take advantage of the tax top-up available to eligible municipalities hosting major international events. The extra tax of up to 2.5 per cent is in addition to the current MRDT, which, in Vancouver, is three per cent.
Destination B.C. estimates that hosting some World Cup games in 2026 could result in an increase of 269,000 visitors, about half of which will come from outside North America.Article content“The economic impacts and benefits to Vancouver will be felt in the leadup to the FIFA World Cup, throughout the event and long after the final whistle blows in 2026,” he said.
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