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Part II .

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Livestock Price Insurance Plan Regulations

made under

Section 6 of the

Crop and Livestock Insurance Act

R.S.N.S. 1989, c. 113

O.I.C. 2025-21 (effective February 4, 2025), N.S. Reg. 23/2025

amended to O.I.C. 2026-107 (effective March 27, 2026), N.S. Reg. 87/2026

Table of Contents

Please note: this table of contents is provided for convenience of reference and does not form part of the regulations.

Click here to go to the text of the regulations .

Citation

Definitions

Designation of perils

Insurance program established

Exemptions from certain regulations under Act

Eligibility

Program terms

Application

Livestock price insurance contract

Cancellation of livestock price insurance contract

Insurance policies

Cancellation of insurance policy

Arbitration

Citation

1 These regulations may be cited as the Livestock Price Insurance Plan Regulations .

Definitions

2 In these regulations,

“Act” means the Crop and Livestock Insurance Act ;

“Commission” means the Nova Scotia Crop and Livestock Insurance Commission;

“eligible person” means a person who qualifies for insurance under

Section 6;

“insurable livestock” means cattle, as designated under clause 4(

a) of the

Designation of Insurable Crops and Livestock Regulations made under the Act;

“insurance policy” means the specific price insurance provided to an eligible

person by the Commission under the livestock price insurance contract;

“insured person” means an eligible person who has a valid livestock price

insurance contract with the Commission;

“MLPIP” means the Maritime Livestock Price Insurance Program, which is a

program established pursuant to a multilateral agreement between the government

of Canada and the provinces of New Brunswick, Nova Scotia and Prince Edward

Island, and which is further set out in the Maritime Program Specifications

Document, attached to the multilateral agreement, each as amended or replaced

from time to time;

“program administrator” means the Agriculture Financial Services Corporation

established in the province of Alberta by the Agriculture Financial Services

Corporation Act (Alberta).

Designation of perils

3 For the purpose of these regulations, unexpected price decline, established using an

indexed settlement price and forward price methodologies as set out in the MLPIP, is

designated as an insurable peril.

Insurance program established

(1) These regulations establish a livestock price insurance plan in the Province for the

purpose of providing insurance for an unexpected price decline of insured

livestock.

(2) Subject to the Act and these regulations, the Commission may provide insurance in

accordance with the MLPIP to an eligible person for an unexpected price decline

of insurable livestock.

(3) The Commission is the designated insurer under the MLPIP for the Province.

(4) The Commission is authorized under the Act to enter into an agreement with the

program administrator to provide certain administrative services for the livestock

price insurance program, which must include all of the following:

(

a) determining program methodologies, including premium rate

methodologies;

(

b) assessing and paying all claims for indemnity under the livestock price

insurance contract and notifying the insured person of their right to appeal

the assessment of their claim;

(

c) providing the Commission with an accounting of all transactions and

administrative costs at any time the Commission may reasonably request.

(5) The Commission may issue program policies respecting livestock price insurance

that bind all existing and future contracts and insurance policies, provided that the

program policies are consistent with these regulations.

Exemptions from certain regulations under Act

5 The livestock price insurance plan is exempt from the requirements of the Premium

Rates for Insurable Crops and Livestock Regulations made under the Act and the

General Crop Insurance Plans Regulations made under the Act.

Eligibility

(1) A person may apply to the Commission for livestock price insurance if the person

meets all of the following requirements:

(

a) they are the producer of the insurable livestock for which livestock price

insurance is sought;

(

b) they report the majority of their farm income or loss for tax purposes in the

Province;

(

c) they have filed or will file an income tax return for farm income from

livestock operations in the Province for either of the following:

(

i) the year before the year for which an application is made under these

regulations, or

(ii) the year for which an application is made under these regulations;

(

d) if the applicant is an individual, they are 19 years of age or older.

(2) A status Indian who carries on the business of farming on a reserve and who did

not file an income tax return with respect to farm income from livestock operations

in the Province is eligible to participate in the program, provided that they

otherwise meet the eligibility requirements of the program.

(3) In this Section, “status Indian” means a person entitled to be registered within the

meaning of

Section 6 of the Indian Act (Canada).

7 [repealed]

Program terms

(1) The Commission must establish the forms to be used for a livestock price

insurance application and a livestock price insurance contract.

(2) The Commission may, at any time, establish a maximum value to which it will

insure under an insurance policy for a designated period of time.

(3) The Commission may, in its discretion, suspend sales of new insurance policies

based on any of the following factors:

(

a) conditions outlined in the livestock price insurance contract;

(

b) unstable market conditions;

(

c) insufficient data;

(

d) conditions that may place the Government of Nova Scotia or the

Commission at unacceptable risk.

(4) Insurance provided by the Commission under these regulations is subject to the

(5) Insurable livestock must meet the conditions established by the MLPIP, including

but not limited to class and ownership requirements.

Application

9 To apply for a livestock price insurance contract, an eligible person must submit a

completed application on the approved form at least 5 business days before the date the

eligible person wishes to have the livestock price insurance contract take effect.

Livestock price insurance contract

(1) A livestock price insurance contract consists of all of the following:

(

a) a completed application form;

(

b) a copy of these regulations;

(

c) a signed copy of the livestock price insurance contract;

(

d) a copy of any program policies issued by the Commission.

(2) A livestock price insurance contract becomes a binding agreement between an

eligible person and the Commission when the livestock price insurance application

is approved by the Commission.

(3) A livestock price insurance contract remains in force until it is cancelled or

contract.

(4) If a document referred to in subsection (1) is amended while the contract is in

force, the contract remains in force as amended and a copy of the amended

document must be delivered to the insured person.

(5) The Commission may refuse to offer a livestock price insurance contract to an

applicant.

Cancellation of livestock price insurance contract

(1) An insured person or the Commission may give written notice to the other party at

any time that they wish to cancel a livestock price insurance contract, and the

cancellation will take effect once all of the insured person’s insurance policies

expire.

(2) The Commission may cancel a livestock price insurance contract and any

outstanding insurance policies with immediate effect if the insured person does any

of the following:

(

a) fails or neglects to pay any portion of any premium owing to the

Commission;

(

b) fails or neglects to reimburse the Commission for any overpayment of

indemnities for any insurance plan in which the insured person is enrolled;

(

c) breaches any term of the livestock price insurance contract;

(

d) ceases to qualify as an eligible person;

(

e) fails to cooperate with the Commission or program administrator;

(

f) provides false or misleading information or makes a misrepresentation or

negligent misstatement related to their livestock price insurance application

or livestock price insurance contract.

(3) An insured person whose livestock price insurance contract or insurance policy is

cancelled under subsection (2) forfeits the right to receive a payment of indemnity

or a refund of any premiums paid.

(4) If 2 years have elapsed since an insured person’s last active insurance policy

expired, the Commission may cancel the livestock price insurance contract unless

the insured person requests in writing that the contract not be cancelled.

Insurance policies

(1) The insurable period begins when the Commission issues an insurance policy

under the livestock price insurance contract.

(2) An insurance policy applies only for the term of the insurable period.

(3) An insurance policy is in force from the date it is approved until the end date

specified in the insurance policy.

Cancellation of insurance policy

(1) The Commission may cancel an outstanding policy at any time by providing

written notice to the insured person, and the policy will end, but the livestock price

insurance contract and any other active policies remain in effect.

(2) An insured person may cancel an insurance policy by providing written notice to

the Commission, or its delegate, and thereby forfeit the premium providing all

program eligibility requirements have been fulfilled.

(3) The program administrator will cancel an insured person’s insurance policy after

receiving a written request from the producer.

(4) Cancellation of a policy under subsection (2) does not cancel the livestock price

insurance contract or any other active policies under the contract.

Arbitration

14 If the Commission and an insured person fail to resolve any dispute arising out of the

adjustment of loss under a livestock price insurance contract and either party wishes the

dispute be determined by arbitration, that party must request arbitration in accordance

with the Agriculture Appeal and Review Board Act and regulations.

Legislative History

Reference Tables

Livestock Price Insurance Plan Regulations

N.S. Reg.

23/2025

Crop and Livestock Insurance Act

Note: The

information in these tables does not form part of the regulations and is

compiled by the Office of the Registrar of Regulations for reference only.

Source Law

The current consolidation of the Livestock Price Insurance Plan Regulations made

under the Crop and Livestock Insurance Act includes

all of the following regulations:

N.S.

Regulation

In force

date*

How in force

Royal Gazette

Part II Issue

23/2025

Feb 4, 2025

date specified

Feb 21, 2025

68/2026

Mar 3, 2026

date specified

Mar 20, 2026

87/2026

Mar 27, 2026

date specified

Apr 17, 2026

The following regulations are not

yet in force and are not included in the current consolidation:

N.S.

Regulation

In force

date*

How in force

Royal Gazette

Part II Issue

*See subsection 3(6) of the Regulations Act for

rules about in force dates of regulations.

Amendments by Provision

ad. = added

am. = amended

fc. = fee change

ra. = reassigned

rep. = repealed

rs. = repealed and substituted

Provision affected

How affected

2, defn. of “calves” ...........................

rep. 87/2026

2, defn. of “eligible livestock” .........

rep. 87/2026

2, defn. of “feeder cattle” .................

rep. 87/2026

2, defn. of “insurable livestock” .......

ad. 87/2026

4(2) ...................................................

am. 87/2026

6(1)(a) ...............................................

rs. 87/2026

7 ........................................................

rep. 87/2026

8(5) ...................................................

ad. 87/2026

14 ......................................................

rs. 68/2026; am 87/2026 1

Note that changes to headings are not

included in the above table.

Editorial Notes and Corrections

Note

Effective

date

The amendment to s. 14 by N.S. Reg. 87/2026 contains

instructions to add “be” immediately after “wishes the dispute”, but the word

“be” is already there. Amendment not applied for the purposes of this

consolidation.

Repealed and Superseded

N.S.

Regulation

Title

In force

date

Repealed

date

Note: Only

regulations that are specifically repealed and replaced appear in this

table. It may not reflect the entire

history of regulations on this subject matter.