Ottawa Property Taxes to Increase Modestly, Mayor Warns of Future Challenges

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Ottawa,Property Taxes,Tax Hike

Ottawa residents will experience a modest 2.5% property tax hike for next year, meeting the mayor's promise. However, the mayor warns that the 2025 budget will be more challenging and may require assistance from other levels of government.

As cities across Canada jack up property taxes , Ottawa ns have come off with a more meagre hike. But can it last? Ottawa Mayor Mark Sutcliffe says the 2025 budget will be more challenging than the first two of his term.

He has no further commitment to a specific ceiling for tax hikes, but pledges to keep taxes as low as possible. The 2025 budget is expected to be an even bigger challenge, and the city may need help from other levels of government.

Ottawa Property Taxes Tax Hike Budget Mayor Challenges Government Assistance

 

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