The Government of Canada has delivered on its commitment to fully and fairly compensate producers and processors who have lost market share under the Canada-European Union Comprehensive Economic and Trade Agreement (CETA), the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Canada-United States-Mexico Agreement (CUSMA).
The total compensation will reach over $4.8 billion and includes:
Dairy farmers
- $2.95 billion through the Dairy Direct Payment Program
- $1.75 billion for CETA/CPTPP
- $1.2 billion for CUSMA
- $250 million through the Dairy Farm Investment Program
- for CETA
Poultry and egg producers
- $759 million through the Poultry and Egg On-Farm Investment Program
- $647 million for CETA/CPTPP
- $112 million for CUSMA
- $44 million through the Market Development Program for Turkey and Chicken
- for CETA/CPTPP
Processors of supply-managed commodities
- up to $333 million through the Dairy Innovation and Investment Fund
- for CUSMA
- $397.5 million through the Supply Management Processing Investment Fund
- $292.5 million for CETA/CPTPP
- $105 million for CUSMA
- $100 million through the Dairy Processing Investment Fund
- for CETA
The Government of Canada remains unwavering in its support for Canada's supply management system and will continue to preserve, protect, and defend it.