Monday, December 26, 2022

Final trade pay given for dairy farmers

The federal government announced it is doling out $468 million as the final payment to dairy farmers to compensate for trade concessions Canada made in trade agreements with Europe the Trans-Pacific Partnership.

It is based on a dairy farmer’s quota and is about $475 per cow.


This compensation is in addition to a total of $1.2 billion for the trade agreement with the United States and Mexico.


However, the countries that signed those trade agreements are complaining that the way their access to the Canadian market is administered is defying the spirit, if not the legality, of the deals.


The government is also paying compensation to the poultry industry – chickens, eggs, turkeys and hatching eggs.