For
Immediate Release
January 28, 2005
Woodlot owners should be concerned with changes to MFTIP
Delhi – Haldimand-Norfolk-Brant
MPP Toby Barrett encourages the current Ontario Liberals to reinstate
the property tax benefits of the Managed Forest Tax Incentive Program
(MFTIP).
While at the Norfolk Woodlot
Owners Association Annual General Meeting last evening, MPP Barrett indicated
to landowners that Ontario’s Municipal Property Assessment Corporation
(MPAC) has targeted MFTIP.
“In 2003, MPAC decided
that it would change assessments for managed forests, on current use rather
than at the farmland rate,” Barrett said. “And they did this
without notifying woodlot owners.”
Since 1998, more than 10,000
Ontario landowners have received a 75 per cent reduction in property taxes
for woodlots on their lands that they agree to conserve. But the 2003
tax change by MPAC has resulted in assessments on forests being hiked
an average of 45 per cent and the highest increase has been seen in Southern
Ontario, according to the Timmins Daily Press.
“Higher property tax
rates eliminate the incentive for any landowner to plant trees or maintain
forests,” Barrett said. “In my opinion, this government is
forgetting some of the benefits of the program and that is to protect
and enhance our natural environment.”
The Liberal government has
agreed to develop a committee of landowners to develop another approach;
however, many woodlot owners feel the old method worked well and should
be reinstated.
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For more information please contact MPP Toby Barrett at: 519-428-0446,
905-765-8413 or 1-800-903-8629
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