Tax Incentive Programs

Farm Property Class Tax Rate Program

As a farmland owner in Ontario, you may be eligible to apply for a property tax reduction through the Farm Property Class Tax Rate Program through the Ontario Ministry of Agriculture, Food and Rural Affairs (OMAFRA). Farm properties satisfying the eligibility requirements are identified for the Farm Property Class and are taxed at 25% of the municipal residential tax rate. The farm residence and one acre of land, surrounding it, will continue to be taxed as part of the residential class.

For more information on this program, please contact OMAFRA.
Toll Free: 1-877-424-1300
Email: farmtax.omafra@ontario.ca
Website: http://www.omafra.gov.on.ca/english/policy/ftaxfaq.html
 

Managed Forest Tax Incentive Program

Certain forestlands in Ontario may be privately owned, but they benefit all Ontarians. The Ontario Managed Forest Tax Incentive Program (MFTIP) recognizes the importance of these lands. The goal of the MFTIP is to bring greater fairness to the property tax system by valuing forestland according to its current use. Landowners who apply and qualify for the program have the eligible portion of their property classified and assessed as Managed Forest under the Managed forests property class. The eligible land is taxed at 25 percent of the municipal tax rate set for residential properties.

For more information on this program, please contact the Province of Ontario:
Phone: 1-855-866-3847
Email: MFTIP@ontario.ca
Website: http://www.ontario.ca/page/managed-forest-tax-incentive-program


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 has 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 on this program, please contact the Province of Ontario:
Phone: 1-800-268-8959
Email: cltip-info.mnr@ontario.ca
Website: http://www.ontario.ca/page/conservation-land-tax-incentive-program

Municipal Office 8285 Majestic Hills Drive P.O. Box 1060 Cobourg, On K9A 4W5
Office Hours Monday to Friday; 8:30 a.m. – 4:30 p.m.

Phone: 905-342-2810
Fax: 905-342-2818

info@hamiltontownship.ca