Prepayment programs

Take the stress out of paying your taxes and set up monthly prepayments. After you have paid your current property taxes, you can set up monthly prepayments for next year's tax bill.

Simple interest will be paid on your prepayments each month at the Royal Bank prime rate less three per cent (minimum 0.4 per cent), and is credited to your property tax account. This interest is considered a tax discount by Canada Revenue Agency and is tax free.

Set up recurring payments using your online banking

Follow your financial institution's instructions to set up recurring monthly payments.

  • You will earn monthly interest on your payments
  • Choose a payment date that works best for you
  • An annual property tax notice, mailed to you in mid-May each year, will show the amount due after prepayments and interest earned. Make your final payment and claim your Home Owner Grant (if eligible) by the property tax due date to avoid penalties
  • To estimate your monthly prepayment for next year's taxes:
    1. Subtract the amount of your most current year's Home Owner Grant (if eligible) from your most current year's gross taxes to determine the net taxes 
    2. Divide the net taxes from Step 1 by the number of months remaining until the next property tax due date in July

If you experience technical difficulties, please contact your financial institution for assistance.

Pre-Authorized Withdrawal System (PAWS)

Prepay your property taxes in installments through an automatic monthly withdrawal on or after the tenth day of each month with our Pre-Authorized Withdrawal System (PAWS). 

  • There are no fees and you will earn monthly interest on your payments
  • You can join the plan once outstanding property taxes are paid
  • Monthly payments are withdrawn from your bank account on or after the tenth day of each month, starting in July and ending in May
  • The final June payment is NOT automatically withdrawn from your bank account. You’re responsible to make the final payment and, if eligible, claim the Home Owner Grant on time to avoid penalties.  You won’t be able to authorize a final PAWS payment when claiming your Home Owner Grant. You may find it most convenient to make the payment online from home or through telephone banking with your financial institution. Please read the Tax payment options section of our Property tax info and payments page for other ways to make your final payment.
  • An annual property tax notice, mailed to you in mid-May each year, will show the amount due after prepayments and interest earned
Signing up for PAWS

To enroll, complete the PAWS Application Form and include a void cheque or direct debit information from your financial institution with your application. Check out the PAWS brochure for more information (the application form is included on the second page).

The current year's property taxes must already be paid in full at the time of application.

Monthly payment amount

Your monthly payment amount is an estimate based on one-twelfth of your current year’s net tax payable (if you start mid-year, the amount will be adjusted accordingly). The amount of your regular monthly payment for the next year will be included on your annual property tax notice. 

Each month, the City will notify your financial institution of the amount of the withdrawal. The City doesn’t charge for this service, however your financial institution may make a charge for your withdrawal, depending on the type of account you have. 

If a withdrawal isn’t honoured by your financial institution for any reason, your property tax account will be charged a returned item fee.

Making your final payment

The final payment is the amount stated on the property tax notice that you’re responsible to make. You can pay the amount due at most financial institutions in Canada (in person, by telephone or internet banking), by mail or at City Hall. Mail early to avoid penalty. Post-dated cheques are accepted.
Provincial legislation requires that any current property taxes that remain outstanding will be charged a penalty. To avoid this penalty, taxpayers must ensure that any balance remaining on their property tax account (after prepayment installments and the Home Owner Grant have been applied) is paid in full and on time.

Changes to your PAWS plan

If you want to change or cancel PAWS and/or if you sell your property, you can complete the PAWS Revision Form and submit to the Revenue Branch in-person or via mail, email (, or fax 250-862-3391. Written notification of cancellation is required by the last business day of the month prior to the next installment date. Prepayments received up until the cancellation date will remain attached to the property tax account. 

When selling your property, your notary must determine the amount of money prepaid to your property tax account and should credit you accordingly in the sales document (Statement of Adjustments).

If you have sold your property, you MUST cancel your PAWS payment by notifying the Revenue Branch (either in writing or by emailing us at on or before the last day business day of the month prior to stop the withdrawal on the tenth. The sale of the property doesn’t automatically stop the PAWS payment.