Research the local bylaws for your region and ensure that you’re following all of the local, provincial, and federal laws.
To facilitate short-term accommodation rentals in Ontario, a business must be registered with the Travel Industry Council of Ontario (TICO).
Tax Information for Short-Term Rentals
Canada Revenue Agency – Sharing Economy
The GST/HST and the Purchase, Use and Sale of Vacation Properties by Individuals
GST/HST for Digital Economy Businesses