Municipal Tax Rates
Rates listed below include both municipal and education components collected annually by the City of Barrie.
Serviced Properties
| Property Type |
2009 |
2010 |
% Change 2009-2010 |
| Residential |
1.377862% |
1.344730% |
- 2.5% |
| Multi-Residential |
1.466467% |
1.409878% |
- 4.0% |
| Commercial Occupied |
3.071180% |
2.945882% |
- 4.3% |
| Industrial Occupied |
3.303746% |
3.186776% |
- 3.7% |
Partially Serviced Properties
| Property Type |
2009 |
2010 |
% Change 2009-2010 |
| Residential |
1.370319% |
1.341088% |
- 2.2% |
| Multi-Residential |
1.458330% |
1.406020% |
- 3.7% |
| Commercial Occupied |
3.060370% |
2.940662% |
- 4.1% |
| Industrial Occupied |
3.292308% |
3.184253% |
- 3.4% |
| Source: City of Barrie |
Provincial Tax Rates
| Corporation |
Income Tax Rate |
| All other corporations |
14% (reduced to 12% July 1, 2010) |
| Canadian-controlled small businesses |
5.50% |
| Source: Canada Revenue Agency, www.cra-arc.gc.ca |
Federal Tax Rates
| Corporation |
Income Tax Rate |
| All other corporations |
18% (reduced to 15% by 2012) |
| Canadian-controlled small businesses |
11% |
| Source: Canada Revenue Agency, www.cra-arc.gc.ca |