87.1. The minimum compulsory amount of liability insurance for a carrier subject to Title VIII.1 of the Highway Safety Code (chapter C-24.2) is $1 000 000.
However, the minimum amount is $2 000 000 in the case of a carrier contemplated in the first paragraph who transports a dangerous substance listed in Schedule XII to the Regulations respecting the handling, offering for transport and transporting of dangerous goods, made by Order in Council S.O.R./85-77 of 18 January 1985 and published in the Canada Gazette Part II of 6 February 1985, in an amount exceeding that indicated in column IV of the said Schedule.