EDC Advance Payment Insurance (CapEx) is ending Dec. 31, 2021.

Why you need EDC Advance Payment Insurance (CapEx)

Canadian companies are often asked to pay international and Canadian suppliers up front for capital and quasi-capital goods. When the supplier can’t fulfill their obligation and can’t return any advance payments made before shipping, EDC Advance Payment Insurance (CapEx) covers up to 90% of your financial losses.

Protect your money. Here’s what EDC Advance Payment Insurance (CapEx) covers:

You don’t receive the return of your advance payment because:

  • Your supplier becomes insolvent
  • Your supplier unlawfully breaks your contract
  • You lawfully end your contract 
  • Problems with currency conversion and transfer
  • War and related disturbances
  • Required permits, licences or approvals are cancelled or expire
  • Government declares a halt to paying international debts
  • Any instances where the supplier is related to the insured
  • Payments made after product has been shipped
  • Contracts which are more than one-third complete
  • Any amount that the buyer is entitled to hold back
  • Goods of unacceptable quality
  • Amounts from unresolved disputes
  • Issues resulting from incorrect documentation

EDC is dedicated to supporting Canadian businesses during the COVID-19 pandemic. 

We’ve adjusted EDC Advance Payment Insurance (CapEx) so that until December 31, 2021, EDC will consider insuring advance payments made for personal protective equipment (PPE) and related COVID-19 medical supplies.

  • EDC has traditionally focused on supporting companies that export their products and services. Due to the pandemic, that has changed. Until the end of 2021, EDC will be offering this solution to companies that do not export.

Questions about our financial solutions?

If you’re new to EDC, please contact us weekdays between 9 a.m. and 5 p.m. ET.


Or send us a question and we’ll get back to you as soon as possible. Send a question.

If you’re an existing customer, please contact your EDC account manager about any additional support you need.




EDC trade advisor


EDC trade advisor