
Municipal Property Assessment Corporation
The Municipal Property Assessment Corporation (MPAC) is an organization that assesses the value of properties within Ontario, Canada. Its primary responsibility is to determine accurate property values so that property taxes can be fairly distributed among property owners. MPAC evaluates residential, commercial, and industrial properties using various data, market trends, and inspection methods. The assessments are then used by local governments to set property tax rates, ensuring that tax burdens reflect current property values. MPAC’s work helps maintain a fair and consistent property taxing system across Ontario.