Wednesday, March 2, 2011

Looking for comparative information on property tax

Hello All:

I am quite convinced that us property owners living in the Greater Toronto Area are paying a comparatively high rate of property tax. I live in Brampton and pay 1.2% of the assessed value. Roughly 80% of the 1.2% goes to the city and region (Peel)split equally and the remaining 20% goes to the province for education funding.

How does this compare with your region? I am especially interested to hear from Edmonton and Calgary.

Right On!