But the properties are advertised as short-term rentals, not intended for permanent housing. What's the impact of short-term rentals on the Canadian economy? Short-term rentals, or STRs as they're known, are increasing revenue for the Canadian economy. Photo: Statistics Canada / Canada Mortgage and Housing Corporation | Mrinali Anchan / CBC CBC NewsSee full interactive data by region/area here (new window)Why do people become hosts? There's really no clear way to understand, of the short-term rentals, who they are owned by, Murphy said.