Farm Land Identification Program (FLIP)
NB, Canada
New Brunswick property tax deferral for farmland preservation
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|openingDateJuly 09, 2024
grant_single|financingType
Tax Credits
grant_single|eligibleIndustries
- Agriculture, forestry, fishing and hunting
grant_single|grantors
- Government of New Brunswick
- Department of Agriculture
- Aquaculture and Fisheries (NB)
grant_single|status
grant_card_status|open
grant_single_labels|preview
Landowners are encouraged to preserve real property for agriculture through this program: 50% of the total taxes deferred on eligible farmland and outbuildings.
grant_single_labels|projects
grant_single|admissibleProjectsExample
$5,000
Ottawa
Create a permaculture garden on 15 acres of farmland
$7,500
Calgary
Develop a sustainable farming initiative on 30 acres of land
$7,500
Quebec City
Establish a community farm on 40 acres of preserved land
$5,000
Halifax
Conserve 25 acres for educational farming programs
$7,500
Toronto
Preserve 50 acres of farmland for community-supported agriculture
$5,000
Vancouver
Convert 20 acres of farmland into organic agriculture
grant_single_labels|admissibility
To be eligible for this grant, real property must meet certain criteria as established in the Farm Land Identification Program Regulation.
- Registration is open to all owners of real property.
- Land must be in active use by an agricultural operation or suitable for use by an agricultural operation.
grant_eligibility_criteria|who_can_apply
The Farm Land Identification Program (FLIP) is open to all owners of real property who are interested in preserving land for agricultural use. To qualify, real property must comply with the criteria outlined in the program regulations.
- All owners of real property are eligible.
- Land must be in active use or suitable for an agricultural operation.
grant_eligibility_criteria|zone
This grant is available for real property owners who are part of the Farm Land Identification Program in New Brunswick, Canada. The program aims to support the preservation of farmland specifically within this province.
- New Brunswick, Canada
grant_single_labels|register
Step 1: Determine Eligibility
- Review the Farm Land Identification Program Regulation to ensure your property qualifies.
- Confirm that the farmland is either in active use by an agricultural operation or suitable for one.
Step 2: Prepare Application
- Gather necessary documents proving land ownership and qualifying criteria.
- Complete the application form provided by the administration department.
Step 3: Submit Application
- Send the completed application form to the appropriate department.
- Contact Crop Sector Development Branch for information and assistance.
Step 4: Await Evaluation
- The department evaluates applications and monitors ongoing eligibility.
- You may be asked for additional information during the evaluation phase.
Step 5: Maintain Compliance
- Ensure ongoing compliance with program requirements to maintain registration.
- Be aware of financial obligations related to deregistration or withdrawal.
grant_single_labels|contact
DAAF-MAAP@gnb.ca
1-800-669-7070
Apply to this program
Discover the Farm Land Identification Program (FLIP) Grant
The Farm Land Identification Program offers deferrals on provincial property taxes for eligible farmland, supporting agricultural preservation in New Brunswick. This voluntary initiative empowers real property owners to maintain and register their land under agricultural use to benefit from tax reductions.
Understanding the Farm Land Identification Program (FLIP) in Detail
The Farm Land Identification Program (FLIP) is an essential resource for property owners in New Brunswick aiming to support the agricultural sector while significantly reducing their property tax burdens. This voluntary program is structured to motivate property owners to commit their land to agricultural purposes, thereby ensuring continued productivity in the agrarian landscape of the province. By deferring provincial property taxes on qualifying farmland and associated outbuildings, the program aims to enhance the sustainability and economic viability of agricultural activities. Eligibility for FLIP requires the property to be actively used or suitable for agricultural operations, aligning with the regulations stipulated in the Farm Land Identification Program Regulation. This ensures that participating lands contribute actively to the agricultural economy, whether currently operational or potentially utilizable. In actively engaging with FLIP, landowners are entering into a long-term commitment to preserve their property’s agricultural role, thereby supporting regional food security and resource management. Importantly, FLIP not only defers the provincial property tax but also includes the deferral of the local or municipal tax rate portion that surpasses the province’s average LSD rate. This added financial incentive underlines the program's dedication to making farmland retention more economically practical for property owners. This unique feature of FLIP provides a dual financial advantage that can be pivotal in decision-making for landowners contemplating the long-term use of their property. However, potential participants should carefully consider the implications of entering the program, as withdrawal or deregistration brings financial obligations. Should an owner choose to deregister their land from FLIP, they would need to pay any deferred taxes up to a maximum of the past 15 years, including associated interest. Understanding the financial ramifications is crucial for landowners as these deferred costs can be substantial, although interest is capped at 50% of the total deferred taxes, providing some financial relief. Additionally, the FLIP administration emphasizes transparent and continuous communication with landowners. Those registered in the program can request statements of their deferred taxes, ensuring clarity about their tax standing. These requests are processed by contacting the New Brunswick Department of Finance, thereby maintaining transparency and aiding in financial planning. Overall, the Farm Land Identification Program represents a strategic opportunity for landowners who are committed to supporting agricultural productivity while alleviating immediate tax pressures. This legislative framework not only supports individual landowners but also strengthens the broader agricultural ecosystem across New Brunswick. By fostering long-term agricultural use of lands, it aligns with sustainable development goals and contributes significantly to regional economic growth. In joining FLIP, landowners are making a proactive choice to support a vital economic sector while benefiting from substantial tax reliefs, ultimately serving both personal and communal interests. As the program continues to evolve, it stands as a testament to the province’s commitment to preserving and enhancing its agricultural heritage.