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. 

2025 Property Tax Rates

Urban Tax Rates

Property Class Municipal Education Total
 
Residential 0.01696357 0.00153000 0.01849357
Multi-Residential – New Multi-Residential 0.01835458 0.00153000 0.01988458
Commercial Occupied/Full Share/New Construction 0.03270618 0.00880000 0.04150618
Commercial – New Construction/Excess Land 0.02289433 0.00880000 0.03169433
Commercial – Vacant Land / Parking Lots 0.02418062 0.00880000 0.03298062
General Rate Only (International Bridge Plaza) 0.03270618 0.00000000 0.03270618
Shopping Centres Occupied- New Construction 0.03471976 0.00880000 0.04351976
Shopping Centre – Excess Land 0.02430383 0.00880000 0.03310383
Office Buildings Occupied – New Construction 0.04546722 0.00880000 0.05426722
Office Building – Excess Land 0.03182705 0.00880000 0.04062705
Industrial Occupied/Full Share/New Construction 0.06450702 0.00880000 0.07330702
Industrial – New Construction – Excess Land – Vacant Land 0.04192956 0.00880000 0.05072956
Large Industrial – Occupied 0.11456619 0.00880000 0.12336619
Large Industrial – Excess Land 0.07446801 0.00880000 0.08326801
Landfills – Occupied 0.03195977 0.00880000 0.04075977
Pipeline 0.03552019 0.00880000 0.04432019
Farm/Managed Forests 0.00424090 0.00038250 0.00462340

Rural Tax Rates

Property Class Municipal Education Total
 
Residential 0.01584378 0.00153000 0.01737378
Multi-Residential – New Multi-Residential 0.01714297 0.00153000 0.01867297
Commercial Occupied/Full Share/New Construction 0.03054720 0.00880000 0.03934720
Commercial – New Construction/Excess Land 0.02138304 0.00880000 0.03018304
Commercial – Vacant Land / Parking Lots 0.02258442 0.00880000 0.03138442
Shopping Centre – Excess Land 0.02269950 0.00880000 0.03149950
Office Buildings Occupied-New Construction 0.04246586 0.00880000 0.05126586
Office Building – Excess Land 0.02972610 0.00880000 0.03852610
Industrial Occupied/Full Share/New Construction 0.06022449 0.00880000 0.06902449
Industrial – New Construction – Excess Land – Vacant Land 0.03914592 0.00880000 0.04794592
Large Industrial – Occupied 0.10696031 0.00880000 0.11576031
Large Industrial – Excess Land 0.06952419 0.00880000 0.07832419
Landfills – Occupied 0.02985006 0.00880000 0.03865006
Pipeline 0.03317545 0.00880000 0.04197545
Farm/Managed Forests 0.00396095 0.00038250 0.00434345
DOWNTOWN BIA     0.00469434