| Industrial | 2.320000 | 0.03764615 |
|---|---|---|
| Large Industrial | 2.938100 | 0.04767593 |
| Pipeline | 1.928249 | 0.03128929 |
Education Tax Rates
The total tax levy is a combination of both municipal and provincial education taxes. Municipalities have no control over the education tax rates that apply to property classes within their jurisdiction as they are set by the Ministry of Finance. The rate applied to both residential and multi-residential is set equally across the Province. The business class education rates are set for each municipality individually.
2020 Education Rates
| Tax Class | 2020 Rates |
|---|---|
| Residential/Multi-Residential | 0.00153000 |
| Commercial/Office Building/Shopping Centre |
0.01250000 |
| Parking Lot | 0.00822145 |
| Industrial Residual | 0.01250000 |
| Large Industrial | 0.01250000 |
| New Construction (rate applies to both commercial or industrial new construction assessment) |
0.00980000 |
Based upon the 2020 rates indicated above a total of $62.8 million would be collected and remitted for education taxes. As part of recent Provincial announcements, to assist municipalities with cash flow planning, the requirement remit the June quarterly payment for the education portion of the taxes has been deferred to September. The September payment will be required at the same time as the December payment.
Regular Tax Billing and Instalment Due Dates
On March 25, 2020, City Council approved interim measures that would assist taxpayers on a short-term basis with the payment of the 3rd instalment of the interim 2020 property taxes, CR127/2020. As part of this resolution City Council requested that Administration report back regarding options related to property tax late charges and due dates for Council’s consideration.