Canada Production Insurance Regulations

Marginal note:Definitions

• 10 (1) The following definitions apply in this section.

  provincial actual yield to provincial probable yield ratio

  provincial actual yield to provincial probable yield ratio means the weighted average of all actual or reported yields for a year, adjusted to reflect the level of quality that is provided for in an insurance plan, divided by the provincial probable yield for that year. (rapport entre le rendement réel provincial et le rendement probable provincial)

  provincial moving average yield

  provincial moving average yield means the mean of the annual weighted averages of actual or reported yields, adjusted to reflect the level of quality that is provided for in an insurance plan. (moyenne mobile du rendement provincial)

  provincial probable yield

  provincial probable yield means the weighted average of probable yields, determined in accordance with section 8, of all producers insured under an insurance plan for a year. (rendement probable provincial)

  provincial probable yield to provincial moving average yield ratio

  provincial probable yield to provincial moving average yield ratio means the provincial probable yield for a year, divided by the provincial moving average yield for that year. (rapport entre le rendement probable provincial et la moyenne mobile du rendement provincial)

• Marginal note:Tests for probable yield

  (2) A production insurance agreement shall require the province to submit documents to the Minister to demonstrate, using insurance data of previous years, that the provincial probable yield of an agricultural product in a year meets either of the following tests, which shall be subject to the national certification guidelines:

  • (a) the provincial probable yield to provincial moving average yield ratio for the year does not exceed a value of 1.015; or

  • (b) the mean of the provincial actual yield to provincial probable yield ratio, based on ten years or more, is a value not less than 0.985.