Alberta to cut education property taxes nearly 7% starting 2027
Premier Danielle Smith announced the rate cut following criticism from municipal leaders, including those in Calgary, over previous increases to the tax.
Why it matters
The tax cut will reduce property tax bills for homeowners, farmland owners and businesses across Alberta starting in 2027.
Premier Danielle Smith says Alberta will reduce education property taxes beginning in 2027, reversing course after the province brought in successive rate hikes in recent years. Homeowners and farmland owners will see bills drop by almost seven per cent compared to this year, while non-residential property owners will pay roughly five per cent less.
Smith said the new rate will be frozen for three years, giving municipalities more certainty for budget planning. She estimated the change will save Alberta taxpayers close to $100 million in its first year.
Municipalities are responsible for collecting the education property tax from all property owners in the province, but they do not set the rate, which is determined by the provincial government. The announcement follows pushback from municipal leaders, particularly in Calgary, after earlier provincial budgets raised education property taxes.
Compiled by the Alberta Daily Desk — an AI-written summary of reporting from the credited sources below, produced and reviewed under our editorial policy.