Expansion of the Municipal Accommodation Tax (MAT)
In 2021, the Municipality implemented a Short-Term Accommodation (STA) By-law to regulate and license short-term rental properties. Licensed STA’s are required to charge a 4% Municipal Accommodation Tax (MAT) on rentals of less than 30 days.
Over the past year, Council has considered expansion of the Municipal Accommodation Tax. Draft By-law 2024-04 was presented to Council on December 11, 2023. Under the expanded program, hotels, motels, hostels, campgrounds, and bed and breakfast establishments would be included.
Council deferred a decision on expansion of the program to allow for more public consultation. Council welcomes your input and suggestions regarding the MAT program.
Please submit your comments by January 19th, 2024 on Let’s Talk NBP.
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