Canada Production Insurance Regulations

Marginal note:Eligible agricultural products

• 2 (1) A production insurance agreement shall provide for the agricultural products eligible for coverage under the insurance plan.

• Marginal note:Provincial submission

  (2) The agreement shall provide that any proposal by the province, that is intended to take effect in the following year, for the introduction of an insurance plan for a new agricultural product, or for a change to an insurance program or insurance plan, that has a financial impact shall be submitted by the responsible officer of the province to the Minister, in writing, with complete operational details and an estimate of the financial impact at least 60 days before the proposed date of implementation, unless otherwise agreed to by Canada and the province.

• Marginal note:Eligibility of provincial proposal

  (3) The agreement shall provide that Canada shall

  • (a) inform the responsible officer of the province in writing, as soon as possible, whether the proposal is eligible for contributions; and

  • (b) outline any elements of the proposal that are not in compliance with the Act or these Regulations.