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Tax levy - historical

Property tax levy ($000s)

Municipal property tax

Year Residential Farm land Non-residential Less: estimated loss Add: supplementary Total municipal budget % change
2024 1,225,066 1,431 1,109,240 (37,572) 8,000 2,306,166 7.4
2023 1,121,674 1,395 1,063,301 (40,151) 600 2,146,819 5.9
2022 ​1,061,705 ​1,441 ​997,076 ​(36,651) ​3,000 2,026,571 5.0
2021 ​1,009,654 ​1,518 ​955,977 ​(36,900) ​442 1,930,691 ​-0.2
2020 1,007,717 128​ 961,204​ (43,402)​ 8,779​ 1,934,426​​ 0.6​
2019 911,169​ 96​ 1,054,579​ (51,546)​ 9,202​ 1,923,500​ 5.8​
2018 839,981​ 75​ 1,019,236 (49,506)​ 8,167​ 1,817,954​ 4.7​​
2017 ​818,955 ​95​ ​957,896 ​(46,672) ​5,423 ​1,735,697 ​7.4
2016 ​784,294 ​82 ​873,224 ​(45,626) ​4,609 ​1,616,583 ​7.8

Provincial property tax levy

Year Residential Farm land Non-residential Total provincial property tax % change
2024 663,165 97 220,207 883,469 11.9
2023 579,084 120 210,481 789,684 1.12
2022 ​553,941 ​158 ​226,827 ​780,926 1.1
2021​ ​539,384 ​277 ​232,897 ​772,558 -2.8
2020​ 577,​362 25​ 217,746​ 795,133​ 1.7​
​2019 ​528,098 ​25 ​253,585 ​781,708 ​-2.4
​2018 528,031​ 21​ 272,575​ 800,627​ 1.3​
​2017 524,085​ ​24 ​266,201 ​790,310 (0.2)
​2016 ​520,191 ​23 ​271,460 ​791,674 ​9.7

Note: Property taxes include levies from annexation areas and also include Grants in Lieu.

Business tax levy

Business tax was eliminated in 2019.

The City phased out Business Tax through a gradual transfer of the business tax revenues to the non-residential property tax between 2013-2019.

Property tax statistical information

Tax rate calculation

Current property tax rates

Historical residential and non-residential tax rates

Median residential property tax​

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