Media company Torstar and vacation website HomeAway have invested in CanadaStays to allow its users to reach a larger potential rental market through the HomeAway website.

CanadaStays, a Canada-based vacation rental website, has gained an undisclosed investment from US-based online vacation rental marketplace HomeAway and US-based media company Torstar Corporation.

The investment also marks the start of a partnership between HomeAway and CanadaStays to allow users of CanadaStays to reach a larger audience through HomeAway’s system.

HomeAway is backed by Google Ventures, the venture capital investment arm of US-based internet company Google. Other investors in HomeAway include US-based venture capital firm Austin Ventures, Redpoint Ventures, Institutional…