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The Managed Forest Tax Incentive Program provides tax fairness to private landowners by valuing managed forest land at 25% of its residential valuation.
This provides landowners with up to a 75% reduction in property taxes.
Many of Ontario's forests may be privately owned but they benefit all Ontarians. Forests provide clean air and water, wildlife habitat, carbon sequestration and many other important natural services.
To be eligible you must:
A managed forest plan is a plan for your forest.
It includes a forest inventory to help you understand the values and importance of your property. This includes maps, aerial photography and details on tree species, size, age and quality and information on other natural features of your property. A plan outlines YOUR goals and YOUR objectives for your property. It also provides professional advice on how to meet your goals and objectives and includes professional recommendations on how to maintain a healthy and productive forest.