City of Thunder Bay reduces interest on defaulted tax installments

June 24, 2020

The City of Thunder Bay has approved a reduction in interest charges for delayed property tax payments due on July 8, September 2 & October 7.  The interest penalty for late payments on these three installment payments has been reduced to 0.5% per month. 

The interest penalty for all other previously unpaid tax installments is set at 1.25% per month.