Tax Alert | Manitoba Property Tax Reassessment

Manitoba Undergoes General Reassessment

Properties in Manitoba are under reassessment, and 2025 Property Assessment Notices will be mailed to all owners. Assessments in the city of Winnipeg are prepared by the City and will be released on June 5, while the province will stagger assessment mailings for all remaining jurisdictions beginning in May.

The new assessment values will represent the current valuation date of April 1, 2023, and will be used to calculate property taxes for 2025 and 2026.

Ryan’s Canadian Property Tax Calendar contains key dates and information for jurisdictions nationwide.

Reviewing Your Assessment

Key factors property owners should consider when reviewing their assessments include:

• The review period before the appeal deadline is only 30 days after the mailing date printed on the assessment notice.
• Only owners or single tenants may appeal their assessed values.
• Market changes have had a significant impact on property values and tax burdens as previous values were based on a valuation date of April 1, 2021.
• The Winnipeg business tax appeal deadline is anticipated to be in November 2024.

Please note that if you received a Request for Information (RFI) from an assessing authority, failure to comply with it has significant implications and could result in no tax refund being issued. Please contact our team as soon as possible if you have any questions about the RFI process or need support requesting an extension.

Unique Appeal Model

Manitoba differs from most Canadian jurisdictions in that, throughout the property tax appeal process, the burden of proof lies with the assessor. Therefore, the onus is on the assessment authority to support the assessed value during an appeal, rather than on the taxpayer to prove the assessment is incorrect. This can be a significant advantage to property owners, and we urge you to reach out to our team if you have any concerns about your assessment or would like a second opinion.

More Information

Our team of property tax professionals leverages industry-leading software and unparalleled professional experience to review and challenge property tax assessments across all property types and locations in North America. We can advise and assist you through the entire assessment and appeal process.

If you have any questions or concerns about your property assessment in Manitoba, please contact your Ryan representative or use the form below.