Hanover property owners will be paying more in taxes this year after town council approved the 2026 final tax levy at its June 1 meeting. The levy is set at $10.6 million, an increase of 8.2 percent over last year. For the average residential property, that works out to about $235 more per year.
The increase follows a similar jump last year. In 2025, the levy went up by 7.67 percent, from roughly $9.1 million to $9.8 million. This year’s hike means many homeowners are seeing their municipal taxes rise sharply for the second year in a row.
“Many residents may not realize that the Town of Hanover receives approximately 63 cents of every property tax dollar collected, with the remainder allocated to Grey County and local school boards,” the town noted on its 2027 budget questionnaire page. Hanover’s 8.2 percent increase is only part of the picture. Grey County is also looking at a preliminary projected increase of 6.9 percent in 2026, based on early budget numbers. Combined, these hikes will push total property tax bills even higher for local homeowners.
In previous years, rising costs in areas like policing and fire services have been key drivers of tax increases. Meanwhile, residents can have their say on next year’s spending. The 2027 budget questionnaire is open now at hanover.ca/budget until July 31. The town says it wants to hear what services and projects matter most to the community.
Hanover’s tax hike is larger than what some bigger cities are reporting—Toronto, for example, passed a 2.2 percent increase for 2026—but the town says it’s necessary to keep up with local needs. With the levy now approved, the new rates apply to the 2026 tax year.
