Before you start

This guide will help you complete your forms to participate in the AgriStability and AgriInvest programs.

• AgriStability – a margin based program that provides support when you experience larger income losses.
  
• AgriInvest – a self-managed producer-government savings account designed to help producers:
  • manage small income declines; and
  • make investments to manage risk and improve market income.

Review this guide to make sure you fill out your forms correctly. Providing correct information on your forms helps us calculate your benefits accurately and prevents delays.

Don't forget to include your Participant Identification Number (PIN) on your form. Missing PINs is one of the top reasons for processing delays.

This guide gives you general information. For complete program rules, see the Growing Forward 2 AgriInvest and AgriStability Program Guidelines.

Is this guide for you?

Use this guide and forms if you:

• want to participate in the AgriStability and AgriInvest programs for 2017 and you farm in Alberta, Ontario, Prince Edward Island, or Saskatchewan;
• earned income as a self-employed farmer or partner of a farm partnership, or by renting land under a crop share arrangement; and
• are not a trust, a non-resident, a corporation, or a Status Indian farming on a reserve. Contact your Administration for a separate form and guide for these operations.

Do not use this guide and forms if you:

• do not want to participate in the AgriStability or AgriInvest programs:
  • use Guide T4002, Self-employed Business, Professional, Commission, Farming, and Fishing Income; and
  • file Form T2042, Statement of Farming Activities.
• farm in British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, or the Yukon:
  • use Guide RC4408, Farming Income and the AgriStability and AgriInvest Programs Harmonized Guide; and
  • file Form T1273, Harmonized AgriStability and AgriInvest Programs Information and Statement of Farming Activities for Individuals.
• farm in Quebec:
  • use Guide T4002, Self-employed Business, Professional, Commission, Farming, and Fishing Income; and
  • file Form T2042, Statement of Farming Activities.
    

AgriStability and AgriInvest contact information

For AgriStability:

AgriStability is delivered provincially in Alberta, Ontario, Prince Edward Island, and Saskatchewan. If you have questions about your participation in AgriStability or want to request copies of the forms and guides contact your provincial Administration at one of the numbers listed below.

For Alberta, contact:

Agriculture Financial Services Corporation
5718-56th Avenue
Lacombe AB T4L 1B1
Toll-free telephone: 1-877-899-2372
Fax: 403-782-8348
Toll-free fax: 1-855-700-2372
Email: AgriStability@AFSC.ca
Website: AFSC

For Ontario, contact:

Agricorp
1 Stone Road West
Box 3660, Stn. Central
Guelph ON N1H 8M4
Toll-free telephone: 1-888-247-4999
Fax: 519-826-4334
Email: contact@agricorp.com
Website: Agricorp

For Prince Edward Island, contact:

AgriStability Administration
Agricultural Insurance Corporation
7 Gerald MacCarville Drive
Kensington, PE

Mailing address:

P.O. Box 2000
Charlottetown, PE C1A 7N8
Toll-free telephone: 1-855-251-9695
Fax: 902-836-8912
Email: peiaic@gov.pe.ca
Website: Prince Edward Island

For Saskatchewan, contact:

Saskatchewan Crop Insurance Corporation (SCIC)
P.O. Box 3000
484 Prince William Drive
Melville SK S0A 2P0
Toll-free telephone: 1-866-270-8450
Toll-free fax: 1-888-728-0440
Email: agristability@scic.gov.sk.ca
Website: Saskatchewan Crop Insurance Corporation (SCIC)

For Quebec, contact:

La Financière agricole du Québec
Toll-free telephone: 1-800-749-3646
Website: La Financière agricole

For AgriInvest:

AgriInvest is delivered by the federal Administration in all provinces (except Quebec). If you have questions about your participation in the AgriInvest program contact the federal Administration at the address listed below.

Program Administration
P.O. Box 3200
Winnipeg MB R3C 5R7
Toll-free telephone: 1-866-367-8506
Calling from outside of Canada: 204-926-9650

You can access the AgriInvest program website at AgriInvest.

Penalties

Include all your income when you calculate it for tax purposes. If you fail to report all your income, you may be subject to a penalty of 10% of the amount you failed to report after your first omission.

A different penalty may apply if you knowingly, or under circumstances amounting to gross negligence, participate in the making of a false statement or omission in your income tax and benefit return. In such a case, the penalty is 50% of the tax related to the omission or false statement (minimum $100).

Forms and publications

Use the following forms with this guide:

• T1163, Statement A – AgriStability and AgriInvest Programs Information and Statement of Farming Activities for Individuals;
• T1164, Statement B – AgriStability and AgriInvest Programs Information and Statement of Farming Activities for Additional Farming Operations;
• T1175, Farming – Calculation of Capital Cost Allowance (CCA) and Business-use-of-home Expenses; and
• RC322, AgriInvest Adjustment Request.

Throughout the guide, we refer to other forms and publications. If you need any of these, go to Forms and publications.

Where to mail your forms and return

Send the following to the Winnipeg Tax Center:

• your income tax return;
• Form T1163;
• Form T1164; and
• Form T1175.

Mailing address:

Canada Revenue Agency
Winnipeg Tax Centre
66 Stapon Road
Winnipeg MB R3C 3M2

The Winnipeg Tax Center is the only tax centre that processes these forms.

Send correspondence intended for the AgriStability program or the completed supplemental AgriStability program form to your provincial Administration at one of the addresses listed above.

Complete Form RC322, AgriInvest Adjustment Request to send correspondence intended for the AgriInvest program to the federal AgriInvest Administration at the address listed above.

Do you need more information?

If you have questions about your participation in AgriStability, contact:

• your provincial Administration listed above.

If you have questions about your participation in AgriInvest, contact:

• the federal Administration at the address provided above. The federal Administration delivers AgriInvest in all provinces except Quebec.

If you have questions about reporting your farm income for tax purposes, contact:

• the CRA at 1-800-959-5525.

This guide explains the most common tax situations.

What's new for 2017?

Eligible capital property

On January 1, 2017, the eligible capital property system was replaced with the new capital cost allowance (CCA) class 14.1 with transitional rules. Under the old system, eligible capital expenditures are added to the cumulative eligible capital pool at a 75% inclusion rate, and the rate of depreciation of those expenditures is 7% on a declining-balance basis. Under the new system, newly-acquired eligible properties will be included in class 14.1 at a 100% inclusion rate with a 5% capital cost allowance rate on a declining-balance basis.

For each taxation year that ends before 2027, additional deductions for CCA will be allowed for property acquired before January 1, 2017. This property will be included in class 14.1.