Skip to Main Content

Tax and Land Information Website

print small medium large 

HOME / TAX INFORMATION /


Property Tax and Assessment

The Government of Prince Edward Island provides a centralized assessment and collection system for real property taxation. The Real Property Tax Act and the Real Property Assessment Act are statutes that apply to property tax and property assessment in Prince Edward Island.

The Provincial Real Property Tax owing for commercial and non-commercial properties is set at $1.50 for each $100.00 of assessed value.

Property Tax and Assessment is a four-part process:

  1. For property tax purposes, Taxation and Property Records Division of the Department of Finance, Energy and Municipal Affairs assesses the value of all real property within the province.

  2. Taxing authorities use property assessments to determine the tax rates needed to raise the revenue required to pay for public services.

  3. Taxation and Property Records sends property owners a Statement of Account - Property Charges that shows assessed values and the applicable charges.

  4. Taxation and Property Records remits the municipal, fire district and waste watch portions of the property charges to the proper tax authorities.


The province collects levies and taxes on behalf of local municipalities, fire districts and Island Waste Management Corporation. They are already included in your Statement of Account - Property Charges. The following explains what these levies and taxes are, and how they are charged.

 

Municipal Real Property Tax

On or before March 31 each year, each municipality in Prince Edward Island approves and provides Taxation and Property Records with the tax rates to be levied against commercial and non-commercial real property located within its municipal boundaries. For more information on municipal taxes, visit our Property Charge Rates page or contact your local municipality.

 

Fire Dues

Each year the local fire district boards approve a levy on all real property within a rural community or local fire district. These funds are used to provide services and maintain equipment to reduce the loss of life and property from fire.

For more information on fire dues, visit our Property Charge Rates Page or contact the Fire District Contacts for your area.

 

Waste Watch Fees

Island Waste Management Corporation (IWMC) is the provincial crown corporation that administers and provides solid waste management services throughout Prince Edward Island.

This fee applies to all non-commercial property that is within the province.

  • Residential Services
    The annual Waste Watch levy is $205.00 per household. This fee covers the following services:  monthly recycling collection, alternate weekly collection of compostables (green carts) and wastes (black carts), spring and fall cleanup, and Christmas tree collection. The fee also includes free disposal of household hazardous wastes, tires, white goods, and large household furniture at Waste Watch drop-off centres.

  • Cottage Services - The annual charge for cottages is $95.00. Collection is provided from June to the end of September. Extended service is available from mid-May to the end of October for an additional fee of $25 per cottage. Please contact IWMC to register for extended collection.

Should your carts require repair, or if you own a home or cottage and wish to receive a set of carts, please call IWMC's Customer Service Centre. Carts are assigned to residential properties but remain the property of IWMC.

For more information on the Waste Watch program, contact Island Waste Management Corporation at 1-888-280-8111 or info@iwmc.pe.ca

 

Installment Dates

Installment dates for payment of Property Charges are May 31, August 31, and November 30. Accounts in arrears will be charged 1.5% interest per month calculated on a daily basis after the installment due dates. For information on where payments for Property Charges can be made, go to Tax Payment Options.

 

Additional Information

 

Contact

For more information about Property Charges and Assessment, please use the following contact information:


    Taxation and Property Records
    Tel: (902) 368-4070
    E-mail: taxandland@gov.pe.ca

 

Please note:
This page is prepared for information purposes only, and should not be considered a substitute for the applicable statutes. Should there be any conflict between the contents of this page and the statutes, the statutes shall prevail.
back to top