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2024 Property Tax Policy Handbook

This handbook has been prepared to provide elected municipal officials, municipal staff and property owners in the Region of Peel with a summary of the components of the current assessment and property taxation systems.

The provincial government overhauled the assessment and property tax systems in Ontario, with initial reforms implemented in 1998. Additional assessment and legislative changes have occurred since then. Further changes may still occur - staff will update this handbook as changes are made.

Property assessment and taxation involves many organizations at both the municipal and provincial levels of government. Municipal and provincial government contacts are provided at the end of the document. These references should be consulted for more detailed information about their specific duties and responsibilities regarding assessment and taxation.

The handbook contains the following sections:

Download the complete 2024 Property Tax Policy Handbook

Current Value Assessment

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