Ottawa unveils funding for poultry and egg farmers hurt by free-trade deals

1 month ago 3
Politics

Ottawa unveils funding for poultry and egg farmers hurt by free-trade deals

Canadian egg and poultry farmers who've lost domestic market share due to two recent free-trade agreements will have access to $691 million in federal cash. The money follows a previously announced $1.75 billion for the dairy sector linked to free-trade deals.

Agriculture minister announced the long-awaited funds on Saturday

Agriculture Minister Marie-Claude Bibeau on Saturday shared details about the compensation, which follows a previously announced $1.75 billion for the dairy sector linked to free-trade deals with Europe and countries on the Pacific Rim. (Adrian Wyld/The Canadian Press)
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Canadian egg and poultry farmers who've lost domestic market share due to two recent free-trade agreements will have access to $691 million in federal cash.

Agriculture Minister Marie-Claude Bibeau announced the long-awaited funds on Saturday in a virtual news conference.

The money follows a previously announced $1.75 billion for the dairy sector linked to free-trade deals with Europe and countries on the Pacific Rim.

Those funds were to flow over eight years, and the first $345 million payment was sent out last year.

But on Saturday, Bibeau announced a schedule for the remaining payments that will see the money allocated over three years.

The dairy, poultry and egg industries in Canada are regulated to ensure a steady income for farmers in that sector, but Canada's foreign trade partners argue the system is protectionist.

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