2020 Tax Rates

Final tax rates

To be determined.

Notional Tax Rates

Residential

Tax class: RT/RH 
Notional tax rate: 0.696362%

Multi-Residential

Tax class: MT 
Notional tax rate:1.239724%

New Multi-Residential

Tax class: NT
Notional tax rate: 0.696362%

Commercial – Full

Tax class: CT/DT/GT/ST/CH/XT/YT/ZT 
Notional tax rate: 1.561959%

Commercial – Vacant/Excess Land

Tax class: CU/DU/SU/CX/CJ/XU/YU/ZU/XX 
Notional tax rate: 1.208955%

Industrial – Full

Tax class: IT/LT/IH 
Notional tax rate: 2.380463%

Industrial – Vacant/Excess Land

Tax class: IU/IX/LU/IJ/IK 
Notional tax rate: 1.739483%

Industrial – New construction

Tax class: KT/JT/JH
Notional tax rate: 2.262279%

Industrial – New construction (Vacant/Excess Land)

Tax class: KU/JU
Notional tax rate: 1.641981%

Industrial – Farmland Awaiting Development

Tax class: I1
Notional tax rate: 0.522271%

Pipeline

Tax class: PT
Notional tax rate: 1.556888%

Farmland

Tax class: FT
Notional tax rate: 0.146922%

Managed forest

Tax class: TT
Notional tax rate: 0.174092%

Note: Assessment multiplied by notional rate divided by two = Interim Bill (used for 2020 Interim Tax Bill)