Property Tax Taskforce

Purpose

To engage interest holders in a review of the Town’s municipal tax policies, principles, targets and metrics, including tax classifications and mill rates, and to provide advice to Council on an appropriate level of taxation between subclasses.

For more information, see the Terms of Reference.

Objectives

  1. To review and understand the legislation regarding property class types, assessment calculations and taxation requirements.
  2. To review trends in commercial and residential property assessments, tax rates and properties in Canmore and comparable communities.
  3. To review and discuss taxation principles, tax rates, targets and metrics as applied to various classes of property in Canmore.
  4. To propose an appropriate balance in taxation between municipal tax classifications, including potential tax policy metrics and targets for the Town.
  5. To propose an approach and review alternatives for the Livability Tax Program, including tax policy metrics, and guidance on the use of funds.

Meetings

October 30, 2025 – Taskforce formation to occur at the Annual Organizational Meeting

November / December 2025 – Initial Task Force meeting

December 2025 – March 2026 – Meeting held as required

End of March 2026 – Prepare report and recommendations to Council

Membership Eligibility

The Task Force will consist of up to 9 members as follows:

  • 3 members of Council
  • 1 representative from Tourism Canmore-Kananaskis (TCK).
  • 1 representative from the Bow Valley Builders and Developers Association (BOWDA).
  • 1 representative from the Business Improvement Area (BIA).
  • Up to 3 members from the public at large, at least one of whom shall be a non-primary resident, and all of whom shall only be residential taxpayers.

Contact Information

For more information about the Property Tax Task Force, please reach out to municipal.clerk@canmore.ca.