City of Calgary proposes business licenses for short-term rentals

The City of Calgary is proposing new regulations for short-term rentals, including a business license program and a freeze on licenses for non-primary residences when rental vacancies fall below 2.5%. A recent study indicated significant growth in the short-term rental market, with nearly 5,000 listings as of September 2023. Recommendations also include extending the rental definition to 180 days, restricting rentals in affordable housing, and imposing a $3,000 fee for operators. The aim is to balance regulation with support for tourism while ensuring local ownership of rentals.