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.