Tax Rates

Once the annual municipal budget has been determined, tax rates are determined using the assessment roll provided by MPAC. Tax rates differ between various tax classes (i.e., residential, industrial, commercial, etc.).

The City is also required to collect education taxes for school boards and an education tax rate is included on the property tax bill.

2026 Property Tax Rates

Urban Tax Rates

Property Class	Municipal	Education	Total
Residential	0.01758859	0.00153000	0.01911859
Multi-Residential – New Multi-Residential	0.01903085	0.00153000	0.02056085
Commercial Occupied/Full Share/New Construction	0.03391125	0.00880000	0.04271125
Commercial – New Construction/Excess Land	0.03391125	0.00880000	0.04271125
Commercial – Vacant Land / Parking Lots	0.02507155	0.00880000	0.03387155
General Rate Only (International Bridge Plaza)	0.03391125	0.00000000	0.03391125
Shopping Centres Occupied- New Construction	0.03599902	0.00880000	0.04479902
Shopping Centre – Excess Land	0.03599902	0.00880000	0.04479902
Office Buildings Occupied – New Construction	0.04714245	0.00880000	0.05594245
Office Building – Excess Land	0.04714245	0.00880000	0.05594245
Industrial Occupied/Full Share/New Construction	0.06548778	0.00880000	0.07428778
Industrial – New Construction – Excess Land – Vacant Land	0.06548778	0.00880000	0.07428778
Large Industrial – Occupied	0.11630806	0.00880000	0.12510806
Large Industrial – Excess Land	0.11630806	0.00880000	0.12510806
Landfills – Occupied	0.03313732	0.00880000	0.04193732
Pipeline	0.03682892	0.00880000	0.04562892
Farm/Managed Forests	0.00439716	0.00038250	0.00477966

Rural Tax Rates

Property Class	Municipal	Education	Total
Residential	0.01654192	0.00153000	0.01807192
Multi-Residential – New Multi-Residential	0.01789835	0.00153000	0.01942835
Commercial Occupied/Full Share/New Construction	0.03189324	0.00880000	0.04069324
Commercial – New Construction/Excess Land	0.03189324	0.00880000	0.04069324
Commercial – Vacant Land / Parking Lots	0.02357958	0.00880000	0.03237958
Shopping Centre – Excess Land	0.03385677	0.00880000	0.04265677
Office Buildings Occupied-New Construction	0.04433708	0.00880000	0.05313708
Office Building – Excess Land	0.04433708	0.00880000	0.05313708
Industrial Occupied/Full Share/New Construction	0.06150924	0.00880000	0.07030924
Industrial – New Construction – Excess Land – Vacant Land	0.06150924	0.00880000	0.07030924
Large Industrial – Occupied	0.10924206	0.00880000	0.11804206
Large Industrial – Excess Land	0.10924206	0.00880000	0.11804206
Landfills – Occupied	0.03116537	0.00880000	0.03996537
Pipeline	0.03463729	0.00880000	0.04343729
Farm/Managed Forests	0.00413549	0.00038250	0.00451799