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The $ 30 million loan to an Airbnb king denounced

$30M loan to Airbnb king exposed


In the midst of a housing crisis, the three opposition parties in the National Assembly denounce a $30 million loan from Quebec City to the American short-term rental company Sonder. 

Québec solidaire, the Liberal Party and the Parti Québécois took turns criticizing yesterday the decision of Quebec to grant $30 million to Sonder for the establishment of a growth center in the metropolis. 

A first tranche of the $6 million loan was awarded by Quebec recently, and the rest will follow over the next four years. However, no money has yet been withdrawn by Sonder, according to a company spokeswoman.

“To give $30 million in public money to the king of Airbnb, who is deliberately making the housing crisis worse, is simply outrageous!” wrote Ruba Ghazal, of Quebec solidaire, in a press release. 

According to her, the government should reverse the loan.

“ The CAQ plan in equal accommodation encourage an American company to develop short-term accommodation,” tweeted the leader of the Liberal Party, Dominique Anglade.

“We demand that the government investigate this matter and that it immediately suspend the disbursements of $30 million in aid to the company,” said Meganne Perry Melançon, spokesperson for health and safety. habitation au PQ.

Very active in Montreal

Our Bureau of Investigation reported yesterday that Sonder offers dozens of homes on Airbnb in the South -West, Ville-Marie and Plateau Mont-Royal, where the housing crisis is pronounced.

Sonder operates the majority of its Montreal establishments completely legally, thanks in particular to acquired rights or an exemption from municipal regulations.

But according to the Regroupement des Comités Logements et Associations de Tenants du Québec (RCLALQ), these acquired rights “do not have to be”.

“The loss of housing […] is very important, especially for affordable housing, argues the door- lyrics by Cédric Dussault. That these companies have acquired rights is extremely shocking. In some cases, it would be necessary to go back and reconvert to traditional rental. Airbnb-type short-term to be subject to the same rules as traditional hoteliers.

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