5-606 CONVERSION PROCEDURES AND PROCESSES FOR CONVERTING FAA PILOT CERTIFICATES AND TCCA PILOT LICENSES.
NOTE: On August 31, 2006, the FAA signed an agreement with TCCA that established a pilot licensing/certification conversion procedure for Canadian pilot license holders and U.S. pilot certificate holders.
A. Applicability. These procedures are available to holders of FAA pilot certificates and TCCA pilot licenses in the airplane category of aircraft at the private, commercial, and ATP levels of licenses or certificates and including the following ratings or qualification: instrument rating, class ratings of ASEL and AMEL, type ratings, and night qualification addressed under 14 CFR part 61 and CAR Part IV. Pilot licenses/certificates and ratings issued on the basis of a foreign pilot license are not eligible for conversion under these new pilot licensing/certification conversion procedures.
Bold added.