Farming Income and the AgriStability and AgriInvest Programs Guide – 2021 – Before you start
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- Before you start
- What's new for 2021
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 – Program Guidelines and Canadian Agricultural Partnership – AgriInvest Program Guidelines.
Use this guide and forms if all of the following applies to you. You:
- want to participate in the AgriStability or AgriInvest programs, or both for 2021
- farm in Alberta, Saskatchewan, Ontario, or Prince Edward Island
- earned farming income as a self-employed farmer, or a partner of a farm partnership, or by renting land under a crop share arrangement
- 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:
- farm in British Columbia, Manitoba, Newfoundland and Labrador, Nova Scotia, New Brunswick, or the Yukon:
- farm in Quebec:
AgriStability is delivered provincially in Alberta, Saskatchewan, Ontario, Quebec and Prince Edward Island. 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:
For Saskatchewan, contact:
Saskatchewan Crop Insurance Corporation (SCIC)
PO Box 3000
484 Prince William Drive
Melville SK S0A 2P0
Toll-free telephone: 1-866-270-8450
Toll-free fax: 1-888-728-0440
Website: Saskatchewan Crop Insurance Corporation (SCIC)
For Ontario, contact:
For Prince Edward Island, contact:
Agricultural Insurance Corporation
PO Box 400
7 Gerald MacCarville Drive
Kensington PE C0B 1M0
Toll-free telephone: 1-855-251-9695
For Quebec, contact:
La Financière agricole du Québec
Toll-free telephone: 1-800-749-3646
Website: La Financière agricole
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.
PO 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.
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
- 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.
Send the following to the Winnipeg Tax Centre:
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.
Send correspondence intended for the AgriStability program or the completed supplemental AgriStability program form to your provincial Administration.
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.
For more information on reporting program payments, see Income from program payments.
Government assistance programs for the self-employed
Canada Emergency Wage Subsidy (CEWS)A subsidy for the eligible remuneration paid by an eligible employer, for each of its eligible employees. For more information on rates and maximum amounts, go to COVID-19 wage and hiring support for businesses.
Canada Emergency Rent Subsidy (CERS)
A rent and mortgage subsidy, available directly to tenants and property owners, for a portion of eligible expenses to qualifying businesses, charities and non profits. For more information on rates and maximum amounts, go to COVID-19 rent and property expense support for businesses.
Mandatory Isolation Support for Temporary Foreign Workers Program (MISTFWP)Support available to Canadian employers to assist with the incidental costs associated with the mandatory 14 day isolation period or the mandatory 3 day hotel quarantine. For more information on amounts available and application periods, go to Mandatory Isolation Support for Temporary Foriegn Workers Program (MISTFWP).
Canada Recovery Hiring Program (CRHP)
A subsidy available to eligible employers that is equal to the incremental remuneration paid by an eligible employer, multiplied by a fixed subsidy rate. For more information on rates and maximum amounts, go to COVID-19 wage and hiring support for businesses.
Fish Harvester Benefit and Grant Program
Financial support available to Canadian self-employed fish harvesters who were not eligible for other financial relief programs and were impacted by COVID-19. For more information, go to Fish Harvester Benefit and Grant Program.
For more information, go to Changes to taxes and benefits.
The legislation for the following measure was not finalized when the print version of this guide was published. When the legislation is finalized, the CRA will republish electronically any revised guides at Forms and publications. If you file your return before the revised guides are available, you may need to change your return.
To support investment in clean technologies, the capital cost allowance (CCA) Classes 43.1 and 43.2 would be expanded by:
- including new types of property (for example, pumped hydroelectric storage equipment)
- broadening eligibility for certain existing property types (for example, ground source heat pump systems)
This would apply to property that is acquired and that becomes available for use after April 18, 2021, where it has not been used or acquired for use for any purpose before April 19, 2021.
Also, for property that becomes available for use after 2024, access to Classes 43.1 and 43.2 for certain emission-producing properties would be restricted by:
- removing some that are currently included in these classes (for example, fossil-fuelled cogeneration systems)
- narrowing eligibility for others (for example, producer gas generating equipment)
Beginning in 2021, the Government of Canada proposes a new refundable tax credit, the Return of Fuel Charge Proceeds to Farmers Tax Credit, as a means to return a portion of the fuel charge proceeds from the federal carbon pollution pricing system directly to farming businesses in provinces that do not currently have a system that meets the federal requirements. These designated provinces are Ontario, Manitoba, Saskatchewan and Alberta.
Eligible farming businesses include self-employed farmers and partners in farming partnerships that actively engage in either the management of or daily activities related to the earning of income from farming and incur total farming expenses for all businesses of $25,000 or more, which are all or partially attributable to designated provinces.
To calculate their credit, self-employed farmers or partners in a partnership who operate a farming business should fill in the new Form T2043, Return of Fuel Charge Proceeds to Farmers Tax Credit.
For more information on how to report this credit, see "Line 9600 – Other (specify)" and "Amount E – Return of Fuel Charge Proceeds to Farmers Tax Credit allocated to you in the year".
The term income tax return used in this guide has the same meaning as Income Tax and Benefit Return.
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