What kinds of products are eligible under the Advance Payments Program?
The Advance Payments Program advances on hundreds of crop and livestock products. Eligible products must meet the following criteria:
- An animal that is raised in Canada or the fur pelt of the animal
- A plant grown in Canada or the product of the plant, or
- Honey or maple syrup that is produced in Canada
The product must not be processed, and for perishable products such as fruit, it should not be processed beyond what is necessary to store it and prevent spoilage. The Minister must also be able to establish a market price for the purpose of determining the eligible advance rate.