Wednesday, November 25, 2020

BLOC BILL TO PROTECT DAIRY IN TRADE DEALS

A few weeks before the 2019 general election, Agriculture and Agri-Food Minister Marie-Claude Bibeau announced compensation for dairy farmers to cover their anticipated losses from CETA and CPTPP, which were already both in effect at the time. That financial assistance rolled out last winter.

Help has also been pledged to compensate for the even larger concessions in the new NAFTA but nothing further has been announced. American farmers got access to a greater share of Canada's starting July 1 — and the new NAFTA also dictates how dairy ingredients can be priced and slapped strict export limits on sensitive global commodities like skim milk powder and baby formula.

Blanchet slammed Finance Minister Chrystia Freeland for taking so long to present her fall economic update and said her spending plan must include the NAFTA compensation farmers anxiously anticipate.

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