2026 Municipal Tax Structure
2026 MUNICIPAL TAX STRUCTURE
Property Tax
Residential Property Tax:
Assessed Value greater than $46,154……………… 6.50 mills of assessed property value
Assessed Value equal to or less than $46,154 Base Amount of $300 plus 0.00001% mills of assessed property value
Commercial Property Tax:
Assessed Value greater than $57,143……………… 8.75 mills of assessed property value
Assessed Value equal to or less than $57,143 Base Amount of $500 plus 0.00001% mills of assessed property value
Taxpayers with a Household Family Income of $70,000 or less may be eligible for an interest adjustment in accordance with the Interest Adjustment Policy. Applications and the policy are available by contacting the Town Hall.
Service Organizations are eligible for a property tax adjustment in accordance with the Real Property Tax Exemption – Service Organizations Policy.
Residential Water/Sewer Rates
Water and Sewer (subsidiary apartments are a separate unit)……….. $360.00 PER UNIT
Double Family Dwellings, apartments, etc……………………………………….. $360.00 PER UNIT
Vacant Land (Water Only Prorated at 60%, Sewer Prorated at 40%)……… $50 per parcel
Water Only (subsidiary apartments are a separate unit)…………………. $216.00 PER UNIT
Sewer Only (subsidiary apartments are a separate unit)…………………. $144.00 PER UNIT
Commercial Water/Sewer Rates
Water & Sewer (minimum $360) ………. $125.00 plus 6.25 mills of assessed property value
Water Only (minimum $216)……………………………. 60% of Total Water/Sewer Rates levied
Sewer Only (minimum $144)……………………………. 40% of Total Water/Sewer Rates levied
Hospital and Long-Term Care Facility and other institutions………………………………………….
. $125.00 plus 6.25 mills of assessed property value, maximum of $230,000 per property
Vacant Provincial Government Health Care facilities, former Hr. Lodge & Interfaith Homes……………………………………………………………………. $1,000 per property
Schools………………………………………….. $125.00 plus 6.25 mills of assessed property value
Colleges (Provincial Government and Private) $125.00 plus 6.25 mills of assessed property value
Minimum Commercial water and sewer tax……………………………………………………………. $360
Minimum Commercial Vacant Land Water and Sewer Tax……………………. $250 per parcel
Business Tax Rates
All businesses subject to the taxation under the Taxation
of Utilities and Cable Television Companies Act ……………………….. 2.5% of gross revenue
Assessed value equal to or less than $18,182 …. Base Amount of $200 plus 0.00001% mills of assessed property value and includes businesses with no fixed place of address
Assessed value of greater than $18,182 includes the following rates:
Financial Institutions.. Base amount of $1.00 plus 100 mills of assessed property value
Business Operating in Tax Exempt buildings…… Base amount of $1.00 plus 20 mills of
assessed property value
Medical, Professional . Base amount of $1.00 plus 20 mills of assessed property value
(ie. Vets, Lawyers, Physiotherapists, Chiropractors, Para-Legal, etc.)
Car Dealerships, Real Estate Offices, Travel Agencies, Radio Stations, Newspapers, Insurance Companies Base amount of $1.00 plus 15 mills of assessment property value
Department Stores… Base amount of $1.00 plus 13.5 mills of assessed property value
Oil and Bulk Fuel Storage Base amount of $1.00 plus 20 mills of assessed property value
All other types of business Base amount of $1.00 plus 11 mills of assessed property value
Mobile Vendors and Vendor Stands ………… $20per day/$200per quarter/$400 per year
Simple Interest……………………………….………………………………8.5% per annum
(Charged monthly on unpaid balances after due date for taxes – February 27, 2026)
Taxes are due and payable by February 27, 2026.
Council reserves the right to take action on all taxes not paid by February 27, 2026.