London

All dollar amounts on this page are in Canadian dollars.

City introduction

London is a single-tier municipality in southwestern Ontario: the City of London sets its municipal property tax levy itself, with no regional government layer above it. Since 2020 the City has budgeted through a four-year Multi-Year Budget, adjusted each year by an Annual Budget Update that Council adopts; the adopted tax levy increase for each year comes from those documents.

Source: City of London — City of London, Multi-Year Budget.

Combined chart

London property tax increase, Canada inflation, and Canadian dollar Real CEER, 2015–2026

Bars: City of London property tax levy annual increase (from rates).

Lines: Canada inflation (Canada CPI annual average, Statistics Canada) and Canadian dollar Real CEER (Bank of Canada). CEER is on the separate right axis and is not a percentage.

Bars — London property tax levy increase
Line — Canada inflation (Statistics Canada CPI annual average)
Line — Canadian dollar Real CEER — Bank of Canada, annual average of monthly values, total index (1999=100)

Scope notes

All figures are the City of London's adopted property tax levy increase “from rates”. London is single-tier: there is no regional portion. The provincial education tax is set by the Province and is not part of this series.

London adopts its figures twice over: first in a Multi-Year Budget (MYB), then confirmed or changed in an Annual Budget Update (ABU). Only the final ABU-adopted “from rates” figure is charted. For 2026 that is 3.4% (the MYB's original figure for 2026 was 5.7%, superseded by the Annual Budget Update adopted in late 2025). For 2021–2023 the ABU final “from rates” figures were not confirmed from official documents, so those years are No data rather than the MYB originals, which were later changed.

The City's financial reports also publish growth in the total tax levy measured in dollars (for example 7.8% for 2024); that is a different calibre from the “from rates” increase and is never mixed into this series. Water and wastewater charges are utility rates, not property tax, and are not included.

A year shown as “No data” has no bar for property tax and no line point for that series. A missing year breaks a line: no line segment crosses a gap, and no value is interpolated. Inflation for 2026 is not yet published as an annual average. Each Canadian dollar Real CEER value is the annual average of the 12 monthly total Real CEER values from the Bank of Canada (a computed annual average, not a figure the Bank publishes directly as an annual value). CEER is an index on a separate right axis and is not a percentage. CEER for 2026 is No data because the year is incomplete.

Data behind the chart

The data table below carries one row per year, in year order, with the tax increase, the inflation value and the CEER value for that year, or “No data” where a series has no verified figure.

Year	City of London property tax levy increase (from rates)	Canada inflation — Statistics Canada CPI annual average	Canadian dollar Real CEER — Bank of Canada, annual average of monthly values, total index (1999=100)
2015	No data	1.1%	110.0
2016	No data	1.4%	108.4
2017	No data	1.6%	110.0
2018	No data	2.3%	109.3
2019	No data	1.9%	108.6
2020	4.4%	0.7%	108.0

Year	City of London property tax levy increase (from rates)	Canada inflation — Statistics Canada CPI annual average	Canadian dollar Real CEER — Bank of Canada, annual average of monthly values, total index (1999=100)
2021	No data	3.4%	113.0
2022	No data	6.8%	113.0
2023	No data	3.9%	108.4
2024	8.7%	2.4%	107.6
2025	7.3%	2.1%	104.9
2026	3.4%	No data	No data

Sources for this chart:

City of London property tax increase, 2020: City of London, 2020–2023 Multi-Year Budget document
City of London property tax increase, 2024: City of London, Multi-Year Budget
City of London property tax increase, 2025: City of London, 2025 Annual Budget Update (adopted)
City of London property tax increase, 2026: City of London, 2026 Annual Budget Update — Adopted (final)
Canada inflation, 2015–2025: Statistics Canada, Table 18-10-0005-01, CPI annual average. The 2026 annual average is not yet published.
Canadian dollar Real CEER, 2015–2025: Bank of Canada, Valet series CEER_BROADM, total index (1999=100), source file; explainer, Canadian effective exchange rates. Each value is the annual average of the 12 monthly total Real CEER values (a computed annual average, not a figure the Bank publishes directly as an annual value). CEER for 2026 is No data because the year is incomplete.

Housing property-tax historical trend

The trend uses one measure only: the City of London's adopted property tax levy increase “from rates” for the year. Each row is the figure for that year on that one measure. A year with no verified figure on that measure is shown as No data.

Year	Figure
2015	No data
2016	No data
2017	No data
2018	No data
2019	No data
2020	4.4%

Year	Figure
2021	No data
2022	No data
2023	No data
2024	8.7%
2025	7.3%
2026	3.4%

Separate note — tax rates, not the trend

This note is separate from the trend above and is not part of it. A residential tax rate per $1,000 of assessed value can move even when the levy increase is small, because the assessment base changes. Rate figures are therefore not used as the trend and are not mixed into the increase chart.

No City-published residential rate-per-$1,000 series is recorded here. The City's budget documents publish the adopted levy increase from rates (used in the table above) rather than a historical per-$1,000 rate series, and third-party rate tables were not used as a source.

Method

This trend uses one metric only, every year: the City of London's adopted property tax levy increase “from rates” for the year.

Where a city publishes an increase as components, the components are recorded in the scope notes; a total is used only where the city itself publishes it.

Canada inflation is Statistics Canada, Table 18-10-0005-01, CPI annual average. Canadian dollar Real CEER is Bank of Canada, Valet series CEER_BROADM, total index (1999=100); each value is the annual average of the 12 monthly total Real CEER values (a computed annual average, not a figure the Bank publishes directly as an annual value).

How to read this page

Bars are the London property tax levy increase. Lines are Canada inflation and Canadian dollar Real CEER.

The left axis is a percentage axis shared by the bars and the inflation line. The right axis is a separate index axis for Canadian dollar Real CEER only. CEER is an index and is not a percentage.

A year shown as “No data” has no bar for property tax and no line point for that series, and a missing year breaks a line.

Tax rates per $1,000 are separate from the trend and are not charted.

Sources

City of London introduction: City of London, Multi-Year Budget
City of London: City of London, 2020–2023 Multi-Year Budget document
City of London: City of London, Multi-Year Budget
City of London: City of London, 2025 Annual Budget Update (adopted)
City of London: City of London, 2026 Annual Budget Update — Adopted (final)
Statistics Canada, Table 18-10-0005-01: CPI annual average
Bank of Canada, Valet series CEER_BROADM: Real CEER source file

Back to Ontario | Back to Home

This page is an independent guide. It is not a government site and it is not an official site. It is general information only and is not tax advice. Check the official City of London source before relying on a figure.