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Managed Forests | MPAC Skip to main content AccessibilityEssential Accessibility EnglishFrançais Search MPACWell-nighMPACBoard GovernanceBoard of DirectorsCommittees of the BoardBoard of Directors Position DescriptionsExecutive TeamCorporate Social ResponsibilityEnvironmental ResponsibilityVision, Mission, Values2017-2020 Strategic Plan – Valuing what matters mostAnnual ReportCareersPoliciesWhistleblowing ProgramHowTowageWorksPropertyTowageand TaxationMunicipal Discount Factors and Provincial Discount FactorsThree Approaches to Value2016TowageUpdateUnderstanding PropertyTowageNoticeGuidelines for the Release ofTowageData2017 PropertyTowageNoticeDisclosure - 2016TowageUpdate Level 1 - Methodology Guides Level 2 - Market Valuation Reports (MVR)QuestionsWell-nighYourTowageBrochuresFormsProperty TypesResidential PropertiesNewly Built HomesWaterfrontCommercial PropertiesFarmHospitalityLarge IndustrialManaged ForestsMulti-Residential PropertiesIndustrial PropertiesPropertyTowageProceduresIndustrial Wind TurbinesBillboardsSolar PanelsMunicipalitiesContact ListMunicipal Connect™InTouch2018 Municipal and School Board ElectionsProducts & ServicesAboutMyProperty™propertyline™Custom Data RequestsMunicipal Connect™ACS-online™Property Income and Expense ReturnAuthority to Collect InformationHow to Submit Your ReturnFrequently Asked QuestionsResourcesGravel Pit and QuarryNews & MediaMedia KitPress ReleasesContact Breadcrumb Property Types Managed Forests Managed Forests Managed forests are assessed based on regulated rates per acre that are unswayable through an towage tideway similar to farms. These regulated rates are prescribed by the Minister of Finance and are ripened from an wringer of the assessed values of woodlots on farms within a similar geographic zone (farm neighbourhood).  Farm neighbourhoods are areas where farms with similar soil characteristics sell for similar prices. This towage approach, known as the farmland proxy, was ripened in consultation with the managed forest stakeholders including: Ontario Forestry Association Ontario Woodlot Association Conservation Ontario Association of Municipalities of Ontario If the farmland proxy results in a value that is higher as a managed forest than the value of the property based on its current value if it were not a managed forest, the property’s towage is capped at the current value. This ensures that no managed forest property owner is disadvantaged by the valuation of the lands in the managed forest program. The farmland proxy is moreover modified where the proxy value results in an towage that is significantly lower than the current value of the property. In these circumstances, a minimum or floor value is applied. If the value unswayable using the farmland proxy is less than 31% of the current value, a floor value which represents 31% of the current value is used. The Managed Forest Tax Incentive Program The Managed Forest Tax Incentive Program (MFTIP) is a voluntary program administered by the Ministry of Natural Resources and Forestry (MNRF). To be eligible, property owners must be a Canadian citizen(s) or permanent resident(s); a Canadian corporation, partnership or trust; or a conservation authority. The forest must imbricate at least four hectares (9.88 acres) excluding residences; and is on one property with one municipal roll number. The property owner must prepare and follow a Managed Forest Plan for their forest. MFTIP was introduced to encourage the stewardship of forests by offering a substantial reduction in property taxes to eligible property owners. There are two benefits for property owners who meet the eligibility requirements set out by the Ministry of Natural Resources and Forestry (MNRF): property tax rate for the managed forest portion of a property  is  75 per cent lower than the residential tax rate the assessed values of managed forest properties are similar to the values of woodlots on farms in the area  This towage tideway ensures that the valuation takes into worth the value of the property as a woodlot only and does not consider future potential uses. Mixed-Use Properties Many managed forests are part of larger properties that are moreover used for residential, recreational, sublet or commercial purposes. In these situations, only the managed forest portion of the property is eligible for the lower taxation rate and the farmland proxy towage approach. The Minister of Finance has prescribed the way in which MPAC is to apportion the value of mixed-use properties. The regulation ensures that, as a result of applying the farmland proxy, there is no shift in the value of the overall property to the other portion (i.e. residential, commercial, farm) of the property. Contact us for increasingly information. If you have any questions well-nigh eligibility for the Managed Forest Tax Incentive Program, email: MFTIP@ontario.ca LearnIncreasinglyManaged Forest Tax Incentive Program Conservation Land Tax Incentive Program Note: The workable law prevails to the extent there is any mismatch between this information and the current law. This information is not intended to provide legal translating and should not be relied upon as such. 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