Taxes

Residential property taxes are definitely a factor to consider when relocating. Although taxes vary depending on the community, Albertans pay low provincial and municipal taxes, overall, in Canada.

Mill Rates 2009

Residential: 6.9579
Non-Residential: 16.5093.
Includes school and municipal tax rates.

Mill rates are set by bylaws.

If you wish to obtain more information please phone 403.529.8114 or visit the City of Medicine Hat website at www.medicinehat.ca and click on Residents / Taxation.

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Additional Information:

Property tax is either provided as a percentage or as a millage rate.  A mill is one-thousandth of a dollar.  To calculate the property tax, the assessed value of property is multiplied by the mill rate and then divided by 1,000.  For example, property assessed at $100,000 located in a municipality with a mill rate of 20 mills would have a property tax bill of $2,000 per year.