Good news!
The CRA has indicated that the relief extends to forms and elections normally included with T1 returns. Specifically, the CRA has stated:
“The CRA will grant relief in respect of late-filing penalties and arrears interest until June 2, 2025, for impacted T1 Individual filers to provide additional time for taxpayers reporting capital dispositions to meet their tax filing obligations. This relief extends to any forms and/elections that are normally included with T1 returns, including Form T1135 Foreign Income Verification Statement.”