Supply-managed sectors to receive compensation for the impacts of the Canada-United States-Mexico Agreement (CUSMA)
Retrieved on:
Thursday, November 17, 2022
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Dairy, poultry and egg processors and producers are expected to share more than $1.7billion in direct payments and investment programs.
Key Points:
- Dairy, poultry and egg processors and producers are expected to share more than $1.7billion in direct payments and investment programs.
- The Government intends to offer dairy producers funding of up to $1.2billion over six years under the Dairy Direct Payment Program to account for the impacts of CUSMA.
- Producers will receive funding based on their quota holdings, to support improvements to their farm businesses.
- Through the 2022 Fall Economic Statement, the Government announced up to $1.7 billion in compensation to supply-managed sectors for the impacts of CUSMA.