Dairy Farmers Welcome the Federal Government's Announcement
Dairy Farmers of Canada (DFC) welcomes today's announcement by the federal government of compensation for the impact of market access concessions granted under the Comprehensive Economic and Trade Agreement (CETA) and the Comprehensive and Progressive Trans-Pacific Partnership Agreement (CPTPP). The amount of $1.75 billion will help mitigate the impact of these agreements on dairy farmers and the hundreds of thousands of people who depend on this sector for their livelihood.
Today's announcement is consistent with the recommendations of the working group established following the signing of the agreement with the United States and Mexico. Prime Minister Justin Trudeau has promised that dairy producers would determine the amount of compensation necessary to maintain a dynamic industry notwithstanding the concessions made during the trade negotiations.