Do I need to register and insure my 150cc Dune buggy in Canada, Ontario?

Question:
Hi. I would like to know if it is mandatory for me to register and insure my 150cc dune buggy in Canada, Ontario. I am ONLY planning to use it in legal trails/routes and will be using a trailer to carry it around. A picture of the buggy and specifications can be found here:http://www.awesomebuggy.com/products/bug...

Answers:

Where can I find a Chrome "Maine" License plate?

If it is operated off private property it needs to be registered, and, at minimum, have liability coverages.
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