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 your province of main farmstead is in British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, or the Yukon;
• 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 Alberta, Ontario, Prince Edward Island or Saskatchewan:
  • use Guide RC4060, Farming Income and the AgriStability and AgriInvest Programs; and
  • file Form T1163, Statement A – 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

Federal Administration contact information

AgriStability participants in Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, and the Yukon.

AgriInvest participants in all provinces except Quebec.

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

You can access the program websites at AgriStability, and AgriInvest.

Provincial Administration contact information

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 British Columbia, contact:

British Columbia Ministry of Agriculture
AgriStability Administration
200-1690 Powick Rd
Kelowna BC V1X 7G5
Toll-free telephone: 1-877-343-2767
Toll-free fax: 1-877-605-8467
Email: Agristability@gov.bc.ca
Website: Ministry of Agriculture

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 Quebec, contact:

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

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)

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 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:

• T1273, Statement A – Harmonized AgriStability and AgriInvest Programs Information and Statement of Farming Activities for Individuals;
• T1274, Statement B – Harmonized 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
• T1275, AgriStability and AgriInvest Programs Additional Information and 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 Centre:

• your income tax return;
• Form T1273;
• Form T1274; 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.

Do not attach correspondence or anything else intended for the AgriStability or AgriInvest programs to your forms.

See How to send additional information for AgriStability and AgriInvest below.

How to send additional information for AgriStability and AgriInvest

Use Form T1275, AgriStability and AgriInvest Programs Additional Information and Adjustment Request to send additional information for your AgriStability and AgriInvest form.

Send Form T1275 and any attachments to your Administration at the same time that you send your Form T1273 to the CRA.

To get this form, go to AgriStability and AgriInvest or call 1-866-367-8506.

For more information, see Adjustments.

AgriStability and AgriInvest form deadline

The deadline to send your 2017 AgriStability and AgriInvest form without penalty is September 30, 2018. For more information on deadlines, see Dates to remember, and Important information for AgriStability and AgriInvest.

Do you need more information?

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

• the federal Administration if you farm in Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, or the Yukon; or
• your provincial Administration if you farm in British Columbia.

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

• the federal Administration. 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.