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Property assessment

Determined on an annual basis - a property assessment is an estimate of your property's market value as of July 1 of the previous year and the property’s physical condition as of Dec. 31. 

Property assessments are used to calculate your share of the total community tax fairly and equitably as provisioned by the Municipal Government Act.

Key assessment dates

Property assessment notices are mailed each January. Sending assessment notices in advance of property tax notices allows owners 60 days to review the value and details of their property and raise any concern they may have before taxes are calculated.

Key dateWhat takes place?
Jan. 14, 2026 Property assessment notices mailed
Jan. 22, 2026 Notice of assessment date
Jan. 22 - March 23, 2026 60 day customer review period
March 23, 2026 Assessment complaint due date
April/May 2026 City Council sets tax rates
May 29, 2026 Property tax notices mailed
June 30, 2026 Property taxes due
Sept. 28, 2026 Supplementary assessments mailed
Oct. 30, 2026 Supplementary taxes due