Farming Income and the AgriStability and AgriInvest Programs Harmonized Guide – Before you start
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Farming Income and the AgriStability and AgriInvest Programs Harmonized Guide – Before you start
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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
- 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. A missing PIN is one of the top reasons for processing delays.
This guide gives you general information. For complete program rules, see the AgriStability: Canadian Agricultural Partnership – Progam Guidelines and AgriInvest Program Guidelines (Canadian Agricultural Partnership).
Find out if this guide is for you
Use this guide and forms if all of the following applies to you. You:
- want to participate in the AgriStability program or AgriInvest program, or both, for 2024
- farm in British Columbia, Manitoba, Newfoundland and Labrador, Nova Scotia, New Brunswick, Northwest Territories, or the Yukon
- earned farming income as a self-employed farmer or partner of a farm partnership, or by renting land under a crop share arrangement
- are not a trust, a non-resident, a corporation, or an individual registered under the Indian Act 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:
- farm in Alberta, Saskatchewan, Ontario, or Prince Edward Island:
- farm in Quebec:
AgriStability and AgriInvest contact information
Federal Administration contact information
- AgriStability participants in Manitoba, Newfoundland and Labrador, Nova Scotia, New Brunswick, Northwest Territories, and the Yukon.
- AgriInvest participants in Northwest Territories, Yukon and all provinces except Quebec.
AgriStability and AgriInvest Administration
PO Box 3200
Winnipeg MB R3C 5R7
Toll-free telephone: 1-866-367-8506
Calling from outside Canada: 204-926-9650
For more information on the programs, go to 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
Toll-free fax: 1-855-700-2372
Email: info@afsc.ca
Website: Agriculture Financial Services Corporation
- For British Columbia, contact:
AgriStability Administration
Ministry of Agriculture and Food
200-1500 Hardy Street
Kelowna BC V1Y 8H2
Toll-free telephone: 1-877-343-2767
Toll-free fax: 1-877-605-8467
Email: AgriStability@gov.bc.ca
Website: AgriStability – Province of British Columbia
- 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
PO Box 400
7 Gerald McCarville Drive
Kensington PE C0B 1M0
Telephone: 902-836-0435
Fax: 902-836-8912
Email: AICStability@gov.pe.ca
Website: Government of Prince Edward Island
- For Quebec, contact:
La Financière agricole du Québec
Toll-free telephone: 1-800-749-3646
Fax: 418-833-3871
Website: La Financière agricole du Québec
- For Saskatchewan, contact:
Saskatchewan Crop Insurance Corporation (SCIC)
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.ca
Website: Saskatchewan Crop Insurance Corporation (SCIC)
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
- 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
- Form T1175
Mailing address:
Canada Revenue Agency
Winnipeg Tax Centre
PO Box 14001, Station Main
Winnipeg MB R3C 3M3
The Winnipeg Tax Centre 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.
If you need more information
If you have questions about your participation in AgriStability, contact either:
- the federal Administration at the address provided above if you farm in Manitoba, Newfoundland and Labrador, Nova Scotia, New Brunswick, Northwest Territories, or the Yukon
- your provincial Administration at the address provided above if you farm in British Columbia
If you have questions about your participation in AgriInvest, contact:
- the federal Administration at the address provided above. The federal Administration delivers AgriInvest in the Northwest Territories, Yukon and 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 2024
New items in this guide are outlined in colour. These include changes introduced in the 2024 federal budget that had not yet become law at the time this guide was published.
Changes to AgriStability deadlines
The new initial deadline for AgriStability participants in Manitoba, Nova Scotia, New Brunswick, Newfoundland and Labrador, Northwest Territories, and Yukon to submit a form without penalty is June 30, 2025. The new final deadline to submit a form with penalty, or to file a 2024 income tax return reporting farming income (loss) to the CRA to be eligible for AgriStability program benefits is September 30, 2025.
The AgriStability deadlines for participants in British Columbia have not changed. For more information, see Dates to remember.
Automobile deduction limits
On December 18, 2023, the Government of Canada announced the automobile deduction limits for 2024.
For Class 10.1 passenger vehicles (new and used) acquired on or after January 1, 2024 the prescribed amount increases from $36,000 to $37,000, before tax.
The maximum deductible automobile leasing costs increase from $950 to $1,050 per month, before tax, for new leases entered into after 2023.
The maximum allowable interest deduction increases from $300 to $350 per month for new automobile loans entered into after 2023.
Mineral exploration tax credit
The Government of Canada has extended the mineral exploration tax credit by one year. The credit is now available for eligible mineral exploration expenses a corporation incurred after March 2024 and before 2026, and renounced under flow-through share agreements entered into after March 2024 and before April 1, 2025.
For more information, see Mineral exploration tax credit.
Critical mineral exploration tax credit
The eligibility for the critical mineral exploration tax credit (CMETC) now includes eligible expenses relating to the exploration of lithium brine deposits. You can claim a CMETC on eligible expenses relating to the exploration of lithium brine deposits renounced under flow-through share agreements if the expenses were incurred on or after March 28, 2023.
For more information, see Critical mineral exploration tax credit.
Replacement property acquired during the COVID-19 pandemic
In some cases, you can defer reporting the capital gain or recapture of capital cost allowance resulting from the disposition of depreciable property. To do so, you must acquire a replacement property within the specified time limits and use it for a similar purpose.
Do not count the period beginning on March 15, 2020, and ending on March 12, 2022, in the calculation of the specified time limits.
For more information, see Replacement property.
Capital gains
On January 31, 2025 the Government of Canada announced a change to the effective date for the capital gains inclusion rate increase from June 25, 2024, to January 1, 2026. This means that the inclusion rate for calendar year 2024 remains at 50%.
If you had a disposition of qualified farm or fishing property (QFFP), or qualified small business corporation shares (QSBCS) you must report dispositions of capital property, and business investment losses, for transactions before June 25, 2024 (Period 1) and after June 24, 2024 (Period 2) in the fields provided. This is necessary to support the increase to the Lifetime Capital Gains Exemption (LCGE) limit to $1.25 million, effective June 25, 2024. Separate reporting for Period 1 and Period 2 may also be necessary if you received a tax slip reporting dispositions in Period 1 and Period 2 because some tax slips had already been issued prior to the January 31, 2025 announcement.
For more information, see Cumulative capital gains deduction and Guide T4037, Capital Gains.
Reportable and notifiable transactions penalty
The general penalty provision for not filing an information return is removed for reportable or notifiable transactions, as there are specific penalty provisions under the mandatory disclosure rules (MDR) that apply. This is deemed to have come into force on June 22, 2023, which is the coming into force date of the specific penalty provisions under the MDR. For more information, see Information reporting related to reportable transactions and notifiable transactions.
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- Date modified:
- 2025-04-08