Tax Incentive Programs

Farm Property Class Tax Rate Program

If you are a farmland owner in Ontario, you may be eligible to apply for a property tax reduction through the Farm Property Tax Rate Program through the Ontario Ministry of Agriculture, Food, and Rural Affairs (OMAFRA).

Farm properties meeting the criteria identified for the Farm Class and are taxed at 25% of the municipal residential tax rate. The farm residence and one acre of land will continue to be taxed at the residential rate.

For more information, please contact OMAFRA.

Managed Forest Tax Incentive Program

Forestlands in Ontario may be privately owned, but they benefit us all. The Ontario Managed Forest Tax Incentive Program (MFTIP) recognizes the importance of these lands. For those who apply and qualify for the program have the eligible portion of their property classified and assessed as Managed Forest under the Managed Forest Property Class.

The eligible land is taxed at 25% of the municipal tax rate set for residential properties.

For more information, please contact MFTIP.

Conservation Land Tax Incentive Program

Under the Conservation Land Tax Incentive Program (CLTIP) you could qualify for a 100% property tax exemption for land that is important natural heritage features. The area needs to be evaluated and identified by the Ministry of Natural Resources and Forestry (MNRF) as being a “provincially important” eligible feature, and 1/5 of a hectare (1/2 acre) or larger in size. You also need to commit to protecting the designated portion of your property and allow MNRF staff to inspect it if requested.

For more information, please contact MNRF.