Malaspina Land Conservancy Society is delighted to be recognized as an eligible recipient of ecological gifts under Environment Canada’s Ecological Gifts Program.
The Ecological Gifts Program is good news for landowners who own ecologically sensitive property and wish to protect nature and create a legacy for future generations. Tax benefits encourage landowners to consider donation of interests in their land, whether that be through donating the land or engaging in a conservation covenant over part of their land.
The fair market value of land donated is established by the federal Minister of the Environment on land approved for the Ecological Gift Program through Environment Canada. The tax benefits are related to the Income Tax Act.
As a recipient, MLCS will be involved in ensuring the land’s natural biodiversity and environmental heritage are conserved forever.
Find out more about the Ecological Gifts Program by visiting http://www.ec.gc.ca/pde-egp.
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