Published: Huffington Canada, November 5, 2013
This week, the Ontario Government made history by becoming the first province in Canada to provide a tax credit for farmers who donate fruits and vegetables to local food banks. Beginning in January 2014, farmers in Ontario will receive a 25 per cent tax credit based on the fair market value of produce that they donate to local food banks and community meal programs.
This tax credit is groundbreaking for two reasons; the first of which being that farmers deserve, and need, a tax credit to help cover the costs of harvesting and transporting produce to food banks. Until this week, farmers donated thousands of pounds of fruits and vegetables out of sheer generosity to our provincial food bank network. Secondly, by passing this tax credit, the Ontario Government has officially recognized food banks, and the necessary, important role that they play in providing nutrition and food security for thousands of people in this province each and every month.