Dates of Founding and/or Dissolution:
The Alberta Crop Insurance Act established the Alberta Crop Insurance Corporation on April 15, 1964 (S.A. 1964, c. 17). It was in operation until its dissolution on April 21, 1969.
Functional Responsibility:
The purpose of the Alberta Crop Insurance Corporation was to provide farmers with all-risk crop insurance on insurable crops in the province of Alberta. The powers of the corporation are outlined in the enabling legislation, the Alberta Crop Insurance Act.
Predecessor and Successor Bodies:
The hail insurance program dates back to 1938 when it was established by the Alberta Hail Insurance Board. The Alberta Crop Insurance Corporation first offered all-risk crop insurance in 1965. Each operated independently until 1969 when the two organizations were merged to become the Alberta Hail and Crop Insurance Corporation, with a common board of directors, management, and staff.
Administrative Relationships:
The corporation reported to the Minister of Agriculture through a board of directors and the minister conveyed reports from the corporation to the Legislative Assembly.
Under an agreement authorized by the Lieutenant Governor in Council, the government of Canada contributed to the Crop Insurance Fund. These contributions served the purposes of defraying administration costs, reimbursing the fund for amounts paid out in claims, and refunding premiums.
Administrative Structure:
A board of directors that consisted of five persons appointed by the Lieutenant Governor in Council conducted the affairs of the corporation. Each member on the board held office for a period no longer than three years. The Lieutenant Governor in Council appointed one of the directors to be chair of the board of directors and one to be vice-chair. On the approval of the Lieutenant Governor in Council, the corporation could appoint a general manager who acted as chief administrative officer of the corporation. The chief administrative officer reported to the board of directors.
Name of the Corporate Body:
Alberta Crop Insurance Corporation.
Chief Officer:
Chair of the Alberta Crop Insurance Corporation Board of Directors
James Munroe McKay (1964-1969)
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