VICTORIA, B.C. – The Province is waiving the income requirements required for existing farm operations when qualifying for farm classification.
This is the second consecutive year the requirements have been waived.
“The pandemic has been very difficult for everyone, including the thousands of British Columbians who are involved in putting food on our tables,” said Lana Popham, Minister of Agriculture, Food and Fisheries.
“Over the past year, the trend of buying B.C. food has grown instinctively in families and communities around our province. By maintaining this change for another year, we are letting B.C. farmers know that we have their back, so they can continue to focus on providing their amazing and delicious products we all enjoy.”
The province took action last year with a regulatory amendment that helped more than 400 farm properties continue on without risk of losing their farm class for the year.
For the 2021 tax year, there are close to 19,000 farm properties in British Columbia. Every year the BC Assessment team sends out questionnaires and conducts periodic inspections to decide if a property should maintain its farm status for the next tax year.
In order to be classified as a farm in the province, properties have to meet certain criteria like generating a minimum amount of gross income from agriculture use based on land size.