I researched the scheme its interesting
The Ministry of Natural Resources and Forestry (MNRF) Managed Forest Tax Incentive Program recognises the importance of these lands.
The goal of the MFTIP program is to bring greater fairness to the property tax system by valuing forestland according to its current use.
The Managed Forest Law (MFL) program is a landowner incentive program that encourages
sustainable forestry on private woodland.
... MFL is the only forest tax law that is open to enrollment.
Land enrolled in the MFL program must be managed according to a plan agreed to by the landowner.
We had these in Australia used by converting open farmland to tree plantations.
It turned out to be a huge tax rip off, that sucked many in who no owe 100,000's of dollars and the schemes have collapsed
The organisers charged huge management fees.