Ottawa pays $ 1.75 billion in compensation to dairy farmers
– The Government of Canada is finally announcing the amount of money that will be paid to Canadian dairy producers to offset the loss of market share in free trade agreements with Europe and the countries of Asia and the Pacific.
The approximately 11,000 Canadian dairy farmers, about half of whom are in Quebec, will share $ 1.75 billion over eight years, of which $ 345 million will be available this year.
The sums will be allocated according to the quotas of each producer. For example, an average farmer with 80 cows in his herd will receive $ 28,000 in the first year.
The Minister of Agriculture and Agri-Food, Marie-Claude Bibeau, who made the announcement Friday on a farm in Compton, Estrie, also promised a similar program when the free trade agreement with farmers United States and Mexico will enter into force.
She added that her party had pledged to no longer sell dairy market shares in potential international free trade negotiations.