CRA considers that farm quota units often are identical properties for determining their cost as Class 14.1 assets

CRA considers that since “in most cases, units of a particular type of farm quota are indistinguishable from one another,” the units (viewed as Class 14.1 properties) likely would constitute identical property whose cost is averaged under general principles or under s. 47 – including where their cost is determined under the transitional rule in draft s. 13(38)(b)(ii) based on the pre-2017 eligible capital expenditure made for their acquisition.

Neal Armstrong. 27 September 2016 External T.I. 2016-0660861E5 under s. 13(38)(b)(ii).