Menu

Details of the 2026 budget

Investments to support our community.

On this page

Image

How the budget works

The budget is how Peel Region pays for the services and infrastructure that residents and businesses need.

There are 2 budgets, an operating budget and a capital budget:

  • The operating budget pays for services like waste collection, paramedics, and child care services. This is funded through property taxes and utility charges.

  • The capital budget pays for infrastructure and facilities, like roads, treatment plants, and affordable housing. This is funded through development charges, capital reserves, and when advisable, debt.

Deep dive into Peel Region

A closer look into the magnitude, scale, integration of services, and complexity of Peel Region.

Peel’s population is 1.66 million, which is larger than 6 of Canada’s provinces

1 in 10 Ontarians live in Peel

69% of residents identify with a racialized group, the highest percentage in the GTA

Second largest water and wastewater system in Ontario and fourth largest in Canada

26% lower utility rates than other GTA municipalities

Third largest community housing provider in Ontario

21% of all goods movement GDP in Ontario carried on Peel region roads

$1.8 billion worth in goods travel to, from or through Peel everyday

Second largest police service in Ontario and third largest in Canada

Second largest in paramedic service in Ontario

Second largest waste management program in Ontario and fourth largest in Canada

Second largest public health service in Ontario and one of the largest in Canada

$15.5 million annual funding to over 190 community agencies in the non-profit sector

$4.3 billion 2026 operating budget and $3.1 billion 2026 capital budget

Total value of Peel Region's assets is $51.5 billion

Understanding your property tax bill

Property taxes help fund the budget. When you pay property tax, that money helps fund important services in your community.1

Your total property tax bill is divided into 3 main areas:

  • Your local municipality (40%)

    This funds local services such as parks, recreation, libraries, fire services, and local roads.

  • Education (14%)

    This supports public education.

  • Peel Region (46%)

    This portion provides residents and businesses with essential services such as water, roads and traffic lights, police departments, waste services, affordable housing, vaccination clinics, and so much more.

Funding by percentage

Peel Region

 
46%

Local municipalities

 
40%
 
 

Education

14%

1 The proportions vary between the local municipalities, depending on several factors including the relative share of total assessed market value by the Municipal Property Assessment Corporation (MPAC).