The Managed Forest Tax Incentive Program (MFTIP)

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The Managed Forest Tax Incentive Program (MFTIP) Powered By Docstoc
					  An Incentive for
 Ecological Services
    The Managed Forest Tax
      Incentive Program

       Ontario Forestry Association
            www.oforest.on.ca



Awareness          Stewardship        Education
        Privately Owned
       Forests In Ontario
Direct economic value:
   > 40% of hard maple
   Around 15% of wood processed in Ontario
 comes from private land (8% of conifers and
 24% of deciduous species)
Ecological value and
source water protection
Habitat
  82% of vulnerable
  threatened or endangered
  species (southern Ontario)

Tourism
       Managed Forest Tax
        Incentive Program
Maintain or enhance healthy forests that
contribute to the maintenance of a healthy
environment
AND
To bring greater fairness
to the property tax system
by valuing forest land
according to its current use
        Managed Forest Tax
         Incentive Program
Goals
 Increase landowner awareness of forest stewardship

 Recognize the long-term
 nature of forest stewardship

 Encourage tree planting
 on marginal lands

 Reduce land use
 conversion pressures
         Managed Forest Tax
          Incentive Program
Basics
  voluntary program
  eligible areas taxed at 25% residential rate
   MFTIP participants submit a 10 yr
  stewardship plan, commit to good forestry
  practices & that area remains as forest
         MFTIP Eligibility
  Minimum forest area 4 hectares (9.88
acres) – per property roll #

 Minimum number of
 trees per eligible ha

 Some Open Areas can
 be included
  Residences and landscaped areas are
  not eligible (minimum 1 acre deducted)
 Some other restrictions
   Ongoing responsibility
Ongoing Participation
 Follow Management Plan (general intent)
 5 yr Landowner Report 10 Yr plan
 renewal
 Severances – amendment to reflect new
 property (min acres)
 Sales – purchaser chooses
 whether to participate
MIFTIP Participation
11,000+ Properties   2 million acres
    Management Activities

  In most of the plans submitted,
environmental protection is listed as a
primary objective.

 Other common activities include:
    Trail creation & maintenance
    Wildlife habitat & monitoring
    Forest Products – timber, syrup etc
      Further stewardship


  Once prepared, a stewardship plan can
become a foundation for other stewardship
programs.

  Strong possibilities to connect
landowners participating in MFTIP with
other conservation agencies.
 Contact Information
  Ontario Forestry Association
   701-200 Consumers Road
   North York, ON M2J 4R4
         (416) 493-4565
         (800) 387-0790
      www.oforest.on.ca
       Ontario Forestry Association
            www.oforest.on.ca



Awareness          Stewardship        Education