Homeowners in Mississauga and Brampton will see their property tax bills rise by more than $250 in 2026, following approval of Peel Region’s new budget—before any additional increases from local municipalities.
Peel Regional Council passed the 2026 capital and operating budget, which includes funding for 175 new police officers, 40 additional paramedics, $38 million for EMS fleet upgrades, $341 million for road construction, and nearly $2 billion for critical infrastructure projects.
The approved budget brings a combined regional property tax increase of 3.36 per cent, made up of hikes for regional services, police, and other agencies. This translates to an average increase of $266 for residential properties and $468 for commercial and industrial properties.
Regional officials noted the increase is significantly lower than an initially projected hike of over 20 per cent, following several days of budget deliberations.
Peel Region says the increase is necessary to maintain essential services and invest in infrastructure needed to support rapid population growth, particularly as Ontario pushes municipalities to meet ambitious housing targets.
Chief Administrative Officer Gary Kent said the budget balances affordability concerns with long-term planning, highlighting investments in housing-related infrastructure, paramedic services, seniors programs, public health, and water and wastewater systems.
The budget also responds to provincial changes under Bill 60, which shifts planning authority to the province and mandates the transfer of Peel’s water and wastewater services to Mississauga, Brampton, and Caledon by 2029.
The regional tax hike will be in addition to any increases approved by the individual cities in their upcoming municipal budgets.