Short answer: From the 2026 tax year, Canmore charges a higher rate on homes that are not someone's primary residence for at least 183 days a year: 0.833% of assessed value against 0.457% for a primary residence. That difference is about $4,523 a year on a $1.2 million home. Provincial legislation exempts any property with an Alberta-resident owner, so it mainly hits out-of-province second homes. What it is Canmore's Livability Tax Program creates a separate, higher residenti