The federal government is reaffirming its commitment to help dairy, poultry, and egg producers and processors financially.
Marie-Claude Bibeau, the minister of agriculture and agri-food, announced on Monday they will provide up to $1.7 billion in compensation for these supply-managed sectors. They made this commitment due to the impacts the Canada-United States-Mexico Agreement (CUSMA) has had.
“Promise made, promise kept,” she said. “We made a commitment to fully and fairly compensate the market losses suffered by dairy, poultry and egg producers and processors, and that is what we have done.”
Up to $1.2 billion is being allocated to the Dairy Direct Payment Program, while around $300 million will be used to create a new program that will support innovation and investment into large-scale projects to add value to solids-non-fat, a by-product of milk processing.
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