Crop Insurance

ARTICLE CONTENTS:  |  Links to Other Sites
Crop Insurance An all-risk crop-insurance program is available to Canadian farmers under the authority of the federal Crop Insurance Act (of 1959) and through concurrent and complementary legislation enacted by each province. This federal-provincial cost-shared program is designed to stabilize farm income by minimizing, at the individual farm level, the detrimental effects of crop losses caused by uncontrollable natural hazards. More than 100 000 farmers participate voluntarily. Most major commercial crops in Canada are now insurable under the program. When crop yields fall below some actuarially determined level, the insured farmer is given an indemnity payment to make up the difference.

Author J.C. GILSON


Links to Other Sites
Agriculture and Agri-Food Canada Online
An extensive information source about Canada's thriving agricultural sector and related issues, studies, and government programs. From Agriculture and Agri-Food Canada.

Canadian Agri-Food Policy Institute
Check out this website for information and reports about current issues impacting on the productivity and competitiveness of Canada's agri-food sector.

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