The Farm property class tax rate program helps support agriculture in Ontario by offering eligible farmland owners a lower property tax rate.

You will be taxed at your municipality’s residential tax rate for any land and buildings used for residential purposes. The rest of your farmland will be taxed at a maximum of 25% of the residential tax rate. Farm properties that do not qualify will be taxed at the full residential rate. 

Do you qualify for the program?

To be eligible for the property tax reduction through this program as a farmland owner in Ontario, you must meet these requirements:

• The Municipal Property Assessment Corporation (MPAC) must assess your land as farmland
• Your property must be used for a farm business.
• Your farm business must have a valid Farm Business Registration (FBR) number.
• You must be a Canadian citizen or a permanent resident.

For more information on whether your farm property is eligible, visit the Agricorp website.