Alberta reducing education property taxes in 2027 after previous hikes

As of October 30, 2026, the Alberta government is reducing education property taxes starting in 2027, following several increases that had led to criticism from municipal leaders. Home and farmland owners will pay almost seven per cent less than in the current year, while non-residential property owners will see a reduction of almost five per cent. Premier Danielle Smith announced that the new rate will be frozen for three years, allowing municipalities to plan with certainty. The government predicts this change will result in nearly $100 million in savings for taxpayers in the first year alone. In Edmonton, the education portion makes up approximately 30 per cent of total property taxes. This reduction comes after increased provincial budgets raised education property taxes previously, leading to significant pushback from cities like Calgary.