Canmore Vacancy Tax 2026: What could be changing and What You Should Know

Canmore Vacancy (Livability) Tax Update 2026: Quick Facts for Homeowners and Buyers

TL;DR: Canmore Council is considering changes to the Livability (Vacancy) Tax for 2026. Alberta residents may be exempt, while non-Alberta second-home owners could still be taxed. Nothing is final yet, and more clarity is expected after provincial legislation and council reports. This could impact funding for local affordable housing.

What’s Happening?

Canmore Town Council voted to explore changes to the vacancy tax following discussions with the Province. The main focus is whether Alberta residents could be exempt, potentially leaving the tax for non-Alberta second-home owners only.

Current Tax Details

  • Applies to homes vacant more than 183 days/year or not continuously occupied 60+ days

  • Non-primary residences taxed at 0.4% above primary rates (~$4,000/year on a $1M home)

  • Revenue supports non-market housing projects in Canmore

Potential Changes

  • Fewer properties may be taxed if Alberta residents are exempt

  • Revenue for housing initiatives could drop

  • Administration is gathering data and exploring alternatives

Why This Matters

  • Housing affordability is a key issue in Canmore

  • Rules for 2026 are still evolving

  • Homeowners and buyers should stay informed for planning purposes

FAQ: Canmore Vacancy Tax

Will Alberta residents pay the tax?
Possibly exempt, but nothing is final.

Who still pays?
If changes pass, non-Alberta second-home owners would remain taxed.

How much is the tax?
0.4% above primary residence rates (~$4,000 on a $1M home).

When will decisions be made?
Spring 2026, after provincial legislation and council reporting.

Where does the money go?
Funding non-market and affordable housing projects in Canmore.

Stay Updated

I’ll continue sharing clear, accurate updates as this situation develops. If you want to discuss how the vacancy tax might affect your property or plans, feel free to reach out anytime.

Information accurate as of January 2026. Regulations may change.

Kathie Cook