Will Canmore’s vacancy tax help solve the Alberta resort town’s housing crisis?

Canmore, Alberta implemented a vacancy tax in May to address its housing crisis, but early assessments suggest the policy has had minimal impact so far. Experts are questioning whether the measure will effectively improve housing availability in the resort town.

Investor knocks down price on Alberta beach town property

An investor-owned four-bedroom house near Sylvan Lake, Alberta has sold for $569,000, reflecting a price reduction from the original listing. The sale suggests cooling demand or price adjustments in the Alberta beach town property market.