Moratorium on short-term rental licences among proposed Calgary bylaw changes

Calgary is considering a moratorium on new short-term rental licenses for non-primary residences if rental vacancy rates fall below 2.5%. Proposed changes to the Business Licence Bylaw include extending the rental duration to 180 days and increasing licensing fees. A University of Calgary report indicates that while regulating short-term rentals may reduce listings, it won't fully resolve housing affordability issues. The city aims to balance housing needs with the economic benefits of short-term rentals, with new regulations potentially effective from January 1, 2025.