Dairy farmers can apply for the third round of subsidies related to trade deals with Europe and Pacific nations, Agriculture and Agri-Food Canada said.
And Agriculture Minister Marie-Claude Bibeau promised she will announce compensation levels for the trade deal with the United States and Mexico by fall next year. Payments for that deal will begin to flow in 2023, she said.
The compensation for the trade deals with Europe and the Trans-Pacific Partnership will total $1.75 billion.
Farmers’ compensation for the third round will amount to $38,000 per farm with 80 cows, the government said.
Processors are in line for $292.5 million early next year from the Processor Investment Fund.
