Please refer to the COVID-19 Interim Property Tax Relief FAQs for updated information concerning property taxes.
The Interim tax bill is produced in January with two installment dates, typically in the third weeks of February and April. The interim bill is based on collecting half of last year's taxes. Final billing is in June of each year after the budgets for the Region and City have been approved and the Province of Ontario education tax rates have been received. Final billing installment dates are typically the third week in the months of June and September. Final taxes are based on the assessed value and the annual tax rate.
2020 Due Dates
Regular Installments
|
Tax Bill |
First Installment |
Second Installment |
|
Interim |
Feb. 21, 2020 |
April 21, 2020 |
|
Final |
Aug. 20, 2020 |
Oct. 20, 2020 |
Pre-Authorized Payment Program (10-month)
Taxes will be withdrawn on the first day of each month between January and October.
Pre-Authorized Payment Program (Installment)
|
Tax Bill |
First Installment |
Second Installment |
|
Interim |
Feb. 21, 2020 |
April 21, 2020 |
|
Final |
Aug. 20, 2020 |
Oct. 20, 2020 |
Late Payment Charges
Penalty of 1.25% of the amount in default will be added on the first day of default. Interest charges will be applied at the rate of 1.25% on the last day of each month on the outstanding tax balance. When a penalty has been applied in a given month, interest of 1.25% will be prorated from the date of default.