Despite a small increase to the City of Thompson’s municipal mill rate, many homeowners could actually see lower overall property tax bills in 2026.

According to information released by the City, the municipal portion of the mill rate increased by 1.16 per cent, from 27.532 mills in 2025 to 27.85 mills this year.

However, the Province of Manitoba also increased the Homeowners Affordability Tax Credit by $100, bringing it to $1,600.

The City says that for a primary residence assessed at the same value as last year, those changes could result in a slight decrease in overall property taxes.