Canada pays aid to milk, eggs and chicken due to the effect of imports

Published 2020년 12월 2일

Tridge summary

The Canadian government has allocated € 1,127 million to compensate milk producers over the next eight years, with over € 222 million already paid out to more than 10,000 milk producers between December 2019 and January 2020. An additional € 445 million has been set aside for a 10-year program to foster innovation and growth among the 4,800 breeders of chickens, eggs, hatching eggs, and turkeys in Canada.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Canadian government has always considered milk, eggs and chicken as the three pillars of supply and therefore, has carried out production control, price mechanisms and import control. The opening of its market through an agreement with the EU (CETA) and with the Pacific countries (CPTPP) has generated much criticism among Canadian producers for the impact it is having on them. For this reason, in August 2019, the Canadian Ministry of Agriculture announced € 1,127 million to compensate Canadian milk producers for 8 years. Between December 2019 and January 2020, more than 10,000 milk producers received a cash payment of € 222 million. The Canadian government has decided to pay the remaining budget within 3 years. Consequently, a farmer with 80 dairy cows will receive compensation, in the form of direct payment, of € 25,000 each year. In 2019, there were 10,371 dairy farms ...

Source: Agrodigital