Hospital levy of 1% to be put on property taxes starting in 2029. Levy will be in place for 4 years
Mississauga property owners will be levied an additional 1% of tax increases for four years to fund the creation of the Peter Gilgan Mississauga Hospital. The levy will start in 2029 and continue until 2033, when the City of Mississauga is expected to pay off their portion of the hospital project costs.
In 2025, city council approved a motion from Mayor Carolyn Parrish for the city to provide $390 million towards the cost of the hospital. That is down from the original $450 million that the province requested the city pay. The city describes it as “the largest hospital project in Canadian history”.
The province is itself planning to spend $14 billion on the 2.8 million square foot project. As the Ontario government describes in a press release, this project is “tripling the size of the existing Mississauga Hospital to provide health care to an estimated 2.2 million people.”
The facility will include 2,400 more health-care workers, 400 additional doctors, a new 22-storey patient care tower with 350 new private beds and nine new operating rooms with increased surgical capacity and reduced wait times.
The foundation of Peter Gilgan — the founder of Mattamy Homes — donated $105 million towards the project in 2022.
