Financial Management

We plan and implement services that enable the Regional corporation to meet strategic and operational objectives.

Service Outcome

The Region of Peel is financially sustainable.

2017 Performance

Earned a Triple A Credit Rating – the highest possible rating.1

Target: High Quality Credit Rating

Actual: Triple A

75% of residents surveyed reported the Region of Peel provides "very good" or "fairly good" value for tax dollars.2

Value for Tax Dollars

The Region of Peel is committed to providing high quality services that are efficient while minimizing the tax burden on our residents. Our Continuous Improvement Program ensures client needs and user experiences are the focus of improvement initiatives. These initiatives are aimed at helping us find ways to save money which reduces the need for increased taxes. We have shifted towards using a Lean Six Sigma approach to problem solving, which provides tools to improve business processes resulting in improved quality of service, lower operating costs, and improved employee working conditions. Using this approach, our Continuous Improvement Program has resulted in an overall cost savings and cost avoidance totalling $250 million for tax supported programs and over $74 million for utility rate supported programs between 2010 and 2017.

1 A high credit rating lowers the cost of debt financing for the Region of Peel as well as Brampton, Caledon, and Mississauga.

2 Source: Fall 2017 Focus GTA Survey.