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'A very rushed proposal': Stricter short-term rental rules in Calgary spark criticism

'A very rushed proposal': Stricter short-term rental rules in Calgary spark criticism

CTV
Tuesday, December 17, 2024 5:33 PM GMT

Potential rule changes for short-term rentals in Calgary are drawing criticism from the companies that run them.

Potential rule changes for short-term rentals in Calgary are drawing criticism from the companies that run them.

City council will debate the changes on Tuesday during its last meeting of the year..

The new regulations would extend the definition of ‘short-term rental’ from 30 days to cover up to 180 days.

It will also require a new business licence with fees to run them.

The initial licence fees would be $172 if it's your primary residence and $510 if it is a non-primary residence, with annual licence renewals about half that amount.

The new bylaws will also create a moratorium on new non-primary residences when the vacancy rate drops below 2.5 per cent and restrict short-term rentals in affordable housing.

If passed, the city would also look to form a short-term rental steering committee as well as exploring a short-term rental property tax subclass for non-primary residences.

Read full story on CTV
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