Conserving land owned by U.S. taxpayers – ‘Cross-border Conservation’

Introduction to Cross-border Conservation Information Tools

U.S. taxpayers who own Canadian properties are often interested in transferring their property to the next generation of family members and permanently protecting their lands in Canada.  In both cases, conservation can be a financially valuable strategy. There are tax incentives in both countries to encourage conservation of priority natural lands. Especially notable is how conservation can reduce or eliminate Canadian capital gains taxes on transfers, including bequests. Please explore the tools provided here to learn more.

These tools touch on the key components of U.S. taxpayers’ decisions about whether, when, and how to conserve their Canadian properties. It is not intended to provide tax or legal advice. To fully understand how the tax components mentioned will have an impact on your situation, you must confer with your accountants and lawyers in the U.S. and Canada. 

The tax information provided within these tools is broadly applicable across Canada. The case studies assume that the disposition of property will be in Ontario and subject to the federal non-resident surtax rather than Ontario provincial tax. The calculations do not consider any other province’s tax regulations that may apply to a non-resident.

These tools were published in partnership by OLTA and American Friends of Canadian Conservation thanks to a grant from:

Incentives for U.S. Taxpayers Brochure

Cross-border Conservation Handbook