Effective January 1, 2023, the provincial government increased the Farm Forestry Exemption (FFE) acreage cap for farm woodlots from 20 to 30 acres to keep pace with the growth of farm sizes. As a result of this change, eligible farm properties may require changes to classification or tax liability.
FFE is a tax exemption designed to protect wooded areas. Farmers with farm property or farm property holdings with wooded areas may qualify for the exemption. Previously, the tax exemption applied to one acre of forested land for every 10 acres of farmland and could not exceed 20 acres in any one municipality.
Properties that will have an increase to their eligible FFE acreage will receive a Special Amended Notice (SAN) in spring 2023. All properties that have an FFE will receive a Property Assessment Notice (PAN) later in 2023 to show the FFE value and exemption for the 2024 tax year.
Municipalities will see the value of the FFE as part of their assessment base on Municipal Connect in early 2023 and reflected on the 2024 assessment roll.
MPAC is implementing changes to modernize the entire process and provide transparency to municipalities and property owners. We will continue to offer updates and additional information on our progress. Learn more
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