Government of Canada to Compensate Egg Farmers for Possible Losses from USMCA
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11/30/2020 |
The Government of Canada has announced a program in which US$508 million will be distributed to egg producers over a 10-year period. The recipients will include 4,800 producers of table eggs, broiler hatching eggs with an allotment for turkey farmers. It is intended that the program will enhance innovation and in these sectors.
The grants will be provided as compensation for apparent losses sustained by farmers as a result of the United States-Mexico-Canada Trade Agreement (USMCA). Dairy farmers will receive US$1.3 billion over an eight year period. It is estimated that US$250 million was distributed to dairy farmers at the end of 2019 with 10,000 producers receiving cash payments.
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Canadian Minister of Agrifood
Marie-Claire Bibeau
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In the November 28th announcement, Marie-Claude Bibeau, Minister of Agriculture and Agri Food, stated “Our government is fully behind our supply management sector, thats supports our family farms and the vitality of our rural areas. Today’s announcement of a substantial compensation package for our dairy, poultry, and egg farmers and shows our support for a strong supply management sector for many generations to come.”
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