The Municipal Property Assessment Corporation (MPAC) is responsible for accurately valuing and classifying properties in Ontario. The assessed value of your property is used as the basis for calculating your property taxes.
As 2016 was a re-assessment year, Property Assessment Notices were issued by MPAC showing the assessed value of your property based on a valuation date of January 1, 2016. This assessed value will be used to calculate your property taxes for the years 2017 to 2020, with increases being phased in equally over these 4 years. Any decrease in assessment will take effect in 2017 as decreases are not phased in.
The Municipality is not responsible for assessing property values and is not authorized to make changes to any property assessments. Should you have any questions regarding your property’s assessed value, please contact MPAC toll free at 1-866-296-6722, the North Bay office at 705-474-4553 or on-line at www.mpac.ca.