In short
Your property assessment reflects the market on a reference date set by law, not today's market, and it can only be appealed during a specific window that differs in every province. Your mortgage is renegotiated at each maturity: that is when you can shop for another lender. The banner below places your home among similar properties and gives your deadlines; the guides explain the rest.
The tools
Your property assessment
- Property assessment in Canada: how to appeal, province by province
Who assesses, as of what date, and how long you have to appeal: the rules of all ten provinces compared, with a full guide for each.
- Review deadlines, municipality by municipality
All 1,134 Quebec municipalities: current roll, market date, review deadline and next roll.
- Municipal assessment vs market value: understanding the gap (Canada 2026)
Real estate's most widespread confusion: the municipal roll is a taxation tool frozen for years, based on an earlier reference date — not a price.…
Your mortgage
- Mortgage renewal: avoiding the 2026 payment shock (Canada)
The low-rate terms of 2020-2021 renew at much higher rates: the shock quantified (+$540/mo on $400,000, from 2.4% to 5%), your right to shop without a…
- Fixed or variable mortgage rate: the real trade-off (Canada 2026)
The rate is only the surface: the real difference is in the exit penalty ($5,000 vs $18,000 on $400,000) and the variable family (trigger rate). The gap…
- Mortgage penalty: three months' interest or IRD, the real math (Canada 2026)
Three months' interest (variable) or IRD (fixed, often inflated by the posted rate): both formulas explained, the worked example ($18,000 vs $5,000 on…
- Refinancing and HELOC: unlocking your home equity (Canada 2026)
Borrowing up to 80% of your home's value without selling it: the 80/65 caps, refinancing vs HELOC, the worked debt-consolidation example (~$4,800/yr…
- Mortgage discharge fees: the three layers of the bill, and the cap almost nobody knows
Lender fees in the $200–$400 range (capped at $75 in BC by law), land-registry filing of $50–$80, lawyer or notary billed on top where applicable. Who…
The professionals
Frequently asked questions
Why doesn't my assessment match the market price?
Because it captures the market on a reference date set by law (in Quebec, July 1 two years before the roll takes effect), not today’s market. The “municipal assessment vs market value” guide explains the gap.
How long do I have to appeal my assessment?
It depends on the province: in Quebec, as a general rule before May 1 of the roll’s first year; elsewhere, 30 to 90 days after the notice or on a fixed date (January 31 in British Columbia, March 31 in Ontario). The property-assessment hub gives the rule for all ten provinces, and the banner gives your municipality’s date.
Do I have to renew with the same bank?
No. Maturity is the time to shop around; the renewal guide explains your right to switch lenders, the right timing and the levers to soften the shock.