11/07/2026
2027 PRIMARY RESIDENCE DECLARATION
The annual declaration confirms whether your property qualifies for the primary residential tax subclass.
A few things to know:
• Your property must be someone’s primary residence for at least 183 cumulative days during the calendar year, including 60 consecutive days.
• This can include a home you live in yourself or a property rented to someone who uses it as their full-time primary residence.
• If you don’t submit your declaration by the deadline, your property will automatically be placed in the higher residential tax subclass.
BUYING OR SELLING IN CANMORE IN 2027?
There’s another important change worth knowing.
Beginning in 2027, buyers will inherit the property’s existing tax classification from the previous owner.
If the seller declared the property as a primary residence, it will qualify for the lower residential tax rate in 2027.
If the seller didn’t declare or declared it as non-primary, the higher rate will apply.
This makes understanding the property’s existing tax classification and how taxes are adjusted at closing particularly important.
IMPORTANT DEADLINE
December 31, 2026, at 11:59 PM.
Your mailed letter includes the tax roll number and access code needed to complete your online declaration.
No extensions are planned.
For further clarification, contact the Town of Canmore directly or speak with your local real estate lawyer.
It’s a good reminder that when buying real estate in Canmore, understanding the true cost of ownership sometimes means looking beyond the purchase price.
Kathie Cook | REALTOR®
RE/MAX Alpine Realty