The City of Thunder Bay unveiled the proposed 2026 Municipal Operating Budget today during a presentation at City Hall, outlining a fiscally responsible plan that balances Council’s budget mandate with continued investment in essential services and community priorities.

Including the $23 million Capital Budget that was approved last month, the total proposed 2026 Tax-Supported Budget totals $526.6 million and requires a Municipal Tax Levy of $250.4 million.  This represents an increase of $9.6 million, or 4.0% compared to the previous year.

City Council had approved a budget mandate for Administration to prepare a budget with a property tax increase of no more than 2.6% for programs and services within the City’s direct control.

“City Council set a clear budget direction, and Administration delivered,” said Keri Greaves, Commissioner of Corporate Services and City Treasurer. “The proposed 2026 budget meets Council’s 2.6% target for City-directed programs and services. It manages unavoidable cost pressures, maintains core service levels, and advances key service enhancements, while supporting long-term financial sustainability.”

While several Agencies, Boards, and Commissions (ABCs) were also able to meet the 2.6% target, some submitted budgets exceeding that level. Overall, ABC budget pressures have driven the total Municipal Tax Levy increase to 4.0%.

For a residential single-family detached home, the estimated 2026 property tax increase would be approximately $72 for every $100,000 of assessed value.

Key Investments and Enhancements

The proposed 2026 Operating Budget includes several investments and service enhancements that support community well-being, safety, and growth, including:

  • Enhanced safety and security initiatives, supporting community safety and well-being.
  • Actions to support the opening of the Tbaytel Multiplex
  • Continued rollout of the Autocart waste collection program.
  • Maintaining operations of recycling depot locations.
  • Expansion of licensed childcare capacity.
  • Development of a One Stop Customer Service Shop, streamlining access to City services.
  • Implementation of the Smart Growth Action Plan

 

A Balanced and Transparent Approach

“The proposed 2026 Operating Budget reflects a careful balance between fiscal responsibility and responding to the needs of our community,” said John Collin, City Manager. “It supports core services, invests in safety and service improvements, and positions the City to respond to future challenges while remaining competitive with other municipalities.”

The budget continues the City’s commitment to transparency and accessibility, with clear summaries and supporting materials designed to help residents better understand how municipal dollars are allocated.

 

Public Engagement

Residents are encouraged to review the proposed budget and share their feedback during the public consultation period.

  • An online budget survey and Community Handbook is available at www.thunderbay.ca/getinvolved, with hard copies available at City Hall, Thunder Bay Public Library locations, and the 55+ Centre on River St until January 29.
  • City staff will pop-up at the Thunder Bay Country Market at the CLE Grounds on January 17 from 8am – 1pm, and at Winter Fundays at Marina Park on Sunday January 25 from 2pm - 4pm. This is a new opportunity for citizens to make inquiries and provide feedback on budget-related items.

For more information, visit www.thunderbay.ca/budget

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Contact:       Keri Greaves, Commissioner of Corporate Services and City Treasurer, 807-625-2645