Tax Capping and Clawback

For the Tax Capping and Clawback Summary, view the following document:

Tax Class Tax Cap Decrease Retained Municipal Levy Change
Commercial (C) 10.00000% 100.00000% 1.99526%
Shopping Centre (S) 10.00000% 100.00000% 2.02122%
Office Buildings (D) 10.00000% 100.00000% 2.12747%
Parking Lots & Vac. Land (G/C) 10.00000% 100.00000% 1.85079%
Industrial (I) 10.00000% 64.12368% 2.26341%
Large Industrial (L) 10.00000% 64.12368% 2.38512%
Multi-Res. (M) Exited in 2021
New Construction Allowance 10.00000%

Yes Exclusion Option for MultiResidental, Commercial and Industrial

2024 Tax Due Dates

  • 1st Instalment – March 5, 2024
  • 2nd Instalment – May 6, 2024
  • 3rd Instalment – July 5, 2024
  • 4th Instalment – September 5, 2024