City of Brampton adopts 2024 Budget   

December 13, 2023

Mayor’s inaugural budget builds the Brampton advantage with the lowest tax increase in the GTA and record-level investments city-wide 

BRAMPTON, ON (December 13, 2023) – Today, following an extensive city-wide engagement, the first-ever Mayor’s budget was adopted.  

Brampton’s 2024 Budget supports the needs of a growing population while making record contributions to reserves and priority investments in infrastructure, transportation, recreational amenities, health care, and community safety.  

2024 Budget Highlights 

Affordability & Service Excellence 

  • At 1.9%, the City is delivering a tax increase on the City portion of the tax bill below Canada’s rate of inflation (3.8%) as of September 2023. The increase is less than half of the Region of Peel’s (4.5%), lower than the City of Mississauga’s (2.3%) and the lowest in the GTA. 
  • $139M – largest ever annual contribution to reserves, inclusive of levies to keep city buses, roads, recreation centres, public spaces, and other infrastructure assets at sustainable levels. The majority will go towards sustaining and enhancing Brampton’s infrastructure.  
  • $913M Operating Budget; $544M Capital Budget = $1.5B total. 

Health Care 

  • The City has already built up reserve funds of over $74M (as of September 2023) towards the City’s local share of $125M. 
  • Continuation of a 1% hospital levy to support the construction of a second hospital for Brampton and a new cancer care centre 
  • Support for the new medical school (opening in 2025) 

Transit

  • Purchase and refurbishment of buses: $78.4M  
  • Brampton Transit Züm service expansion on Bramalea Road corridor: $3.8M  
  • 108,500 new Transit service hours 
  • 136 New Brampton Transit operators 

Recreation

  • Embleton Community Centre construction: $79.8M 
  • Howden Recreation Centre construction: $24.2M 
  • Tennis, pickleball, basketball, outdoor recreation amenities, dog park and playground enhancements: $6.1M 
  • Cricket infrastructure and programming: $8M 
  • Century Gardens Youth Hub construction: $5.5M 
  • Memorial Arena expansion (construction): $2.5M 
  • Lawn bowling at FCCC: $900,000 
  • Basketball court and enhancements at CAA Centre: $525,000 
  • Artificial turf field at Central Peel: $200,000 
  • New, inclusive multi-sensory room at Loafer’s Lake Recreation Centre: $100,000 

Environment 

  • Riverwalk phase one (flood protection): $87.3M 
  • Stormwater capital improvements: $7.9M 
  • Drainage channel inspection and maintenance program: $1M 
  • Erosion control and streambank stabilization: $1M 
  • Minimize energy and emissions through energy efficiency programs: $215,000 
  • Enhancing community gardens: $100,000 
  • Chinguacousy Park upgrades: $25,000 

Shaped by our Community 

This year’s budget, focused on building the Brampton advantage, was developed with feedback from residents and local businesses: 

  • A pre-budget telephone town hall with over 4,600 residents 
  • A roundtable hosting 89 businesses 
  • Five coffee chats with Ward Councillors from across the city 

About Brampton’s Budget Development Process 

The City’s annual budget process engages, educates and informs the citizens of Brampton through communications and engagement efforts, including telephone town halls, coffee chats, advertisements, news releases, social media, and the City’s budget website.   
 

This year’s budget supports the City of Brampton’s Corporate Strategic Plan 2022-2026. This critical document will provide a structure to prioritize and deliver what is most important to the community. The plan is a living plan that sets the context for the City’s budget master plans, projects, services, and resources. 

Additional Resources  

About the City of Brampton 

As one of the fastest-growing cities in Canada, Brampton is home to 700,000 people and 100,000 businesses. People are at the heart of everything we do. We are energized by our diverse communities, we attract investment, and we are embarking on a journey to lead technological and environmental innovation. We partner for progress to build a healthy city that is safe, sustainable, and successful. Visit brampton.ca to learn more. 

For media inquiries, please contact Corporate Communications

Be in-the-know about Brampton’s business community

Sign up for our quarterly e-news and everything EDO here.

Explore Brampton Economic Development’s webinars.

Invest Brampton is also on X (Formerly Twitter) and Instagram and has a news blog.

Contact us! Learn more about Invest Brampton here.