Farm Land Identification Program (FLIP)

Overview of the Farm Land Identification Program (FLIP) program:

The Farm Land Identification Program (FLIP) is a voluntary program administered by this department and other partner departments. The department evaluates applications and monitors the ongoing eligibility of registered properties. To be eligible, land must be in active use by an agricultural operation or if not in active use, it must be suitable (as defined in the Act) for use by an agricultural operation. Land will continue to be registered so long as it meets the above criteria. The program provides for the deferral of the applicable provincial real property tax on the assessed value of registered farmland and farm outbuildings. The portion of the local or municipal tax rate that is above the average LSD rate for the province is also deferred. Owners of farm properties must submit an application to be considered for registration. Registration is a long term commitment to maintain land in agricultural use. There may be substantial financial costs to exiting the program.

Benefits of the Farm Land Identification Program (FLIP) program:

• This program offers a deferral of the provincial property tax rate of $1.4573 per $100 of assessed value of registered farmland and farm outbuildings.

Eligibility criteria of the Farm Land Identification Program (FLIP) program:

• Registration is open to all owners of real property. To be eligible, real property must meet certain criteria as established in the Farm Land Identification Program Regulation.