Nov 10, 2026 6:54 PM - Connect Newsroom - Jasmine Singh
Calgary City Council has proposed a 15 per cent property tax increase for 2027, which is expected to cost the average homeowner approximately $37 more per month.
Under the newly released four-year budget proposal, property taxes are also projected to increase by 10 per cent in 2028, 7.7 per cent in 2029 and six per cent in 2030.
However, the proposed budget figures are not final. City Council is expected to hold final debates and vote on the proposal later this month.
The proposal also includes a 3.8 per cent increase in Calgary Transit fares.
Meanwhile, the city's debt is projected to rise from $4.2 billion in 2027 to $10 billion by 2030, largely due to long-term infrastructure projects, including major water utility projects and the Green Line.


