💸The Tax Man Cometh for Tourist Homes

End of a (Pedestrian Zone) Era, Canmore’s Wildfire Plans and a Backlot Bash

Good morning, Bow Valley!

Fall is in the air! Some of us are sad to see summer go, but others are psyched to be closer to ski season. We’ve got your projected ski hill opening dates in today’s newsletter!

In today’s Bow Valley Insider:

  • Dark Horse owner takes a cheap shot in a big match

  • BOWDA won’t back down… from a levy fight 

  • $2100 Snowball Pot at Canmore Legion’s Bingo Night


    +Boston Pizza kids’ cards are back!

Let’s get to it!

— Fortune Whelan, Shireen Ahmed, Lauren H., & Ben S.

TOURIST HOMES TAXED OUT

The Town of Canmore Council is back from summer break.

What’s happening? Big housing action update! Council made some big moves with the updated Division of Class 1 Property Bylaw.

Tourist Home Tax Change: Starting in 2025, all tourist homes will be taxed at the non-residential rate, removing the option to declare it for personal use on a yearly basis. Owners who wish to be taxed at the residential rate, must permanently designate their property as residential.

New Residential Subclass: Supporters of the new subclass hope it encourages owners to live in their residence full-time or house tenants who will occupy historical vacant properties. Full time has been declared as 183 days within one year and 60 days continuously.

Financial Insights: Council reviewed the financial info on the Primary Residence Tax Program, looking at how different tax rates could impact revenue and comparing it to similar programs in other towns.

For more details on the numbers and financial implications, check out item #G-1 in today’s agenda package.

How to Get Your Property SOLD!

As an experienced real estate agent in the Valley I've seen what it takes to sell a property quickly and for top dollar. Here are three key strategies:

  1. Curb Appeal: First impressions matter. A well-maintained exterior, including landscaping, fresh paint, and clean pathways, attracts buyers instantly. In Canmore's scenic setting, highlighting outdoor spaces is crucial.

  2. Professional Staging: Inside, staging is essential. Neutral decor, clutter-free spaces, and a welcoming atmosphere allow buyers to envision themselves living there significantly boosting a property's appeal.

  3. Competitive Pricing: Finally, setting the right price is vital. A well-priced property generates interest and offers quickly. Utilize local market data to determine a price that reflects both the value and demand of Canmore’s unique market.

Most importantly a strategy and a timeline need to be created from the start. Handsome Homes Realty strives to make this process seamless, painless, and fun! [email protected]

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THE DIGEST

  • 💝The Bow Valley Boot Stomp brought great country music to Cochrane and raised $1,850 for Cochrane Search and Rescue (SAR), which services Cochrane, Banff, Canmore, and Kananaskis. SAR’s Lee Hodgers highlighted how crucial these funds are for their volunteers.

SO LONG, SUMMER PEDESTRIAN ZONE

Zone Dismantling: Crews have started taking down the pedestrian zone features and planters along Banff Avenue.

Bylaw Repeal: Town Council is set to officially repeal the bylaw on August 26, following the August 12 vote to remove this summer feature.

Business Impact: Businesses with patios or retail displays on the road need to clear out their structures by the end of August 27. Some might take down their setups earlier, while others may keep some sidewalk seating until the last minute.

Roadway Reopening: Once the bylaw is repealed and businesses clear their structures, Banff Avenue will soon be open to vehicles again.

If you’re planning a trip to Banff, keep an eye out for these changes!

THINGS TO DO

Friday

  • Are you 50+? Come play on Banff’s only open turf. Soccer, lacrosse, rugby and more on August 23 2-4 PM. Fenlands, Banff.

  • Bingo is the Bow Valley’s favorite pastime! August 23 at 6:30 PM. The Legion, Canmore. An email came in wanting us to spread the word the snowball is up to $2000!

Saturday

  • Paint En Plein Aire. Check out this plein aire painting session. August 24, 8 AM- 2 PM, Whyte Museum, Banff. Free.

  • Brunch and bake sale. Contribute to this Jasper fire relief fundraiser August 22, 10 AM- 2 PM. The Legion, Exshaw.

  • Garage sale season! Check out the sales at 405 8th Avenue and 521 1st Street, both August 24 and 25, 9 AM- 5 PM.

  • Pamper your pooch. End-of-season garage sale August 24, 12- 3:30 PM. Bow Valley SPCA, Canmore.

Sunday

  • Paint En Plein Aire. Check out this two-day plein aire painting session. August 25, 8 AM- 2 PM, Millennium Park, Canmore. Free.

COMMUNITY HIGHLIGHTS

CIVIC NEWS

  • Council has greenlit $250,000 from the General Municipal Operating Reserve for Partners for Affordable Housing. The partnership involves identifying five community housing projects in Canmore and applying to CMHC for a Capital Connect grant to kick off a new demonstration project.

LIVE MUSIC

  • Friday, August 23, 9 PM: 'Evensong (Breathing as One)' with Pamela Hart and Lou Sheppard. Location: Shaw Amphitheatre, Banff Centre, Banff. Free.

SPORTS

That’s all, folks!

  • Have a cool story or event to share? Hit reply. 

We’ll see you back here on Monday, same time, same place! 

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