Thompson Proposes Win-Win for Farmers, Food Banks
(Queen’s Park)– Today, the PC Caucus announced they are putting forward an amendment to the Local Food Act, which would add a tax credit for farmers who donate their products to their local food bank.
Modeled on MPP Bob Bailey’s (Sarnia-Lambton) private members bill, the Fighting Hunger with Local Food Act, the amendment would grant a non-refundable tax credit worth 25% of the wholesale value to farmers who choose to donate their excess agricultural products to local food banks. The bill would also permit unused tax credits to be carried forward up to five years.
“While the PC Caucus’ priority is to provide a path to grow our economy and create jobs, we also recognize today’s reality that many Ontarians struggle to put food on their tables,” said Lisa Thompson, MPP (Huron-Bruce). Many people look to our local food banks for assistance, and this is a simple thing we can do that will make a big difference to those families.”
In a letter of support to MPP Bailey, the Walkerton and District Food Bank strongly supports this initiative, and has requested that this be put forth and implemented immediately.
The PC Caucus has already announced an amendment to increase food literacy by requiring food education be a mandatory component of instruction for pupils in every grade.
“The PC Caucus believes people need to know where there food comes from and have access to healthy, local food—and income should not be a barrier,” said Thompson. “That’s why we are putting forward amendments such as this tax credit, which will help our farmers and ensure that people using Ontario’s food banks will have more access to fresh, high quality Ontario food.”