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Below are the tax rates for the City of Cambridge for 2018 and 2017. If you need to access tax rates for previous years, please email us to make a request.
Capping percentages and levy changes
In 1998, the Province passed legislation to temporarily protect Ontario businesses from large property tax increases due to property tax reform. The legislation limited property tax increases for commercial, industrial and multi-residential properties (the capped classes) to 10% in 1998 and an additional 5% in 1999 and again in 2000.
Since 1998, there have been several changes to the capping legislation with the intent to protect the capped properties from large tax increases, while at the same time enabling the municipalities to reduce the number of properties in the capped classes.
Industrial properties
| Tax Year | Levy Change | Decrease Retained |
|---|---|---|
| 2019 | 1.6401% | 97.2440% |
| 2018 | 2.0932% | 93.6520% |
| 2017 | -1.3108% | 94.9700% |
| 2016 | 1.6709% | 75.9940% |
| 2015 | 1.4970% | 73.6988% |
Commercial properties
| Tax Year | Levy Change | Decrease Retained |
|---|---|---|
| 2019 | 1.6401% | 91.9020% |
| 2018 | 2.0932% | 85.8450% |
| 2017 | 1.3238% | 79.6520% |
| 2016 | 1.7205% | 77.7020% |
| 2015 | 1.5410% | 74.3067% |
Multi-residential properties
| Tax Year | Levy Change | Decrease Retained |
|---|---|---|
| 2019 | 2.5204% | 100.000% |
| 2018 | 3.2662% | 39.3680% |
| 2017 | 3.0378% | 2.2540% |
| 2016 | 2.7041% | 67.6270% |
| 2015 | 2.4166% | 63.8770% |