Calgary City Council Adopts New Rules for Short-Term Rentals

Calgary  City Council Adopts New Rules for Short-Term Rentals.

Among the new rules are higher licensing  fees that short-term rental owners will  have to pay  each year starting in  2025.
Calgary's Suburbs and  Downtown Skyline
A view of the Calgary skyline and suburban  homes in the foreground was  taken on Wednesday, March 22, 2023. 
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Despite backlash from some industry representatives, Calgary  City Council has  adopted a new set of rules to regulate short-term rentals in the city, including a licensing system and a moratorium on issuing  such licenses when vacancy rates are  low.
The administration's recommendations, which  the council approved Tuesday night, include higher licensing  fees that short-term rental owners  would have to pay  annually starting in 2025. The fees  would start at $172 per year for primary residences  that provide short-term rental  advertising and  $510. for non-primary  residences.
However, the city will freeze  the approval of these licenses for non-primary residences when  the vacancy rate for long-term  rentals is  below 2.5%. Your daily lunchtime  summary of curated links,  news, analysis and features.

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