Who qualifies? Ontario farmers (individuals or farming corporations) who donate agricultural products they grow or raise to an eligible Ontario charity like Food for Life.
What’s the benefit? A non-refundable Ontario tax credit equal to 25% of the fair market value of the donated products, in addition to the federal/provincial charitable donation credit or deduction.
Example: Donate produce valued at $1,000 → receive the regular charitable donation credit (or deduction) plus an additional $250 Ontario Farmer’s Food Donation Tax Credit.
Learn more about this tax credit.