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 for various tax classes (i.e., residential, industrial, commercial, etc.).
2023 Property Tax Rates
Urban Tax Rates
|
Property Class |
Total
(Municipal + Education) |
|
Residential |
0.01720655 |
|
Multi-Residential - New Multi-Residential |
0.01849203 |
|
Commercial Occupied/Full Share/New Construction |
0.03976253 |
|
Commercial - New Construction/Excess Land |
0.03047378 |
|
Commercial - Vacant Land / Parking Lots |
0.03169149 |
|
General Rate Only (International Bridge Plaza) |
0.03096253 |
|
Shopping Centres Occupied- New Construction |
0.04166876 |
|
Shopping Centre - Excess Land |
0.03180813 |
|
Office Buildings Occupied - New Construction |
0.05184326 |
|
Office Building - Excess Land |
0.03893028 |
|
Industrial Occupied/Full Share/New Construction |
0.07539246 |
|
Industrial - New Construction - Excess Land - Vacant Land |
0.05208509 |
|
Large Industrial - Occupied |
0.12707001 |
|
Large Industrial - Excess Land |
0.08567551 |
|
Landfills - Occupied |
0.03833499 |
|
Pipeline |
0.04162529 |
|
Farm/Managed Forests |
0.00430164 |
Rural Tax Rates
|
Property Class |
Total
(Municipal + Education) |
|
Residential |
0.01651196 |
|
Multi-Residential - New Multi-Residential |
0.01774048 |
|
Commercial Occupied/Full Share/New Construction |
0.03836232 |
|
Commercial - New Construction/Excess Land |
0.02949363 |
|
Commercial - Vacant Land / Parking Lots |
0.03065627 |
|
Shopping Centres Occupied- New Construction |
0.04018234 |
|
Shopping Centre - Excess Land |
0.03076764 |
|
Office Buildings Occupied-New Construction |
0.04989672 |
|
Office Building - Excess Land |
0.03756770 |
|
Industrial Occupied/Full Share/New Construction |
0.07238096 |
|
Industrial - New Construction - Excess Land - Vacant Land |
0.05012762 |
|
Large Industrial - Occupied |
0.12172151 |
|
Large Industrial - Excess Land |
0.08219898 |
|
Landfills - Occupied |
0.03702637 |
|
Pipeline |
0.04017088 |
|
Farm/Managed Forests |
0.00412799 |
Tax Rate Documents
Property tax rate data is also
available in the spreadsheet friendly CSV format on the City's GitHub.