Area
Canada
Commodity Group
Milk and dairy products
Commodity
Dairy products
Date
26/04/2021
Policy Category
Production
Policy Instrument
Government support
Description
Approved the federal budget measure, which includes more than USD 5.2 billion related to agriculture, forestry and fisheries, and financial support for the supply managed sectors, including dairy, to counter the economic impacts of COVID-19 and build back a better and more resilient economy. Allocated USD 230 million, committing funds through 2029 to compensate processors of poultry, egg and dairy for market access concessions under the Comprehensive Economic and Trade Agreement with the European Union (EU) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.
