Waterloo Considers Its Largest Property Tax Increase in More Than a Decade as 2026 Budget Talks Begin
Residents of the City of Waterloo are preparing for what could be the most significant property tax increase the municipality has seen in over ten years. City council is set to begin formal discussions on the proposed 2026 budget, and early figures suggest a notable jump in the city’s portion of property taxes — a move that may further strain household finances already impacted by rising living and utility costs. On Monday, councillors will review a budget proposal that currently includes a 6.41 per cent increase on the municipal portion of property taxes. If adopted, this increase alone would add…
