Yes. Everyone who owns property pays the education property tax, including seniors. Every Albertan benefits from a quality education system. The education property tax supports a system that is producing the workforce of tomorrow.
The Government of Alberta has programs to help seniors, such as the Seniors Property Tax Deferral Program and the Alberta Seniors Benefit.
Eligible senior homeowners can defer all or part of their property taxes with a low-interest home equity loan. The Seniors Property Tax Deferral Program is run by the Alberta Government. The government then pays the property taxes for the eligible homeowner. The loan does not have to be repaid until the property is sold, or sooner if they choose.
This program provides monthly cash benefits for eligible low-income seniors. This support is in addition to federal benefits, including Old Age Security and Guaranteed Income Supplement.
Learn more about these programs and find out if you are eligible by visiting www.seniors.alberta.ca, or by calling the Alberta Supports Contact Centre at 1-877-644-9992.