By Jaryn Vecchio

Feds re-affirm commitment to support dairy, poultry, and egg producers

Nov 14, 2022 | 3:16 PM

The federal government is reaffirming its commitment to help dairy, poultry, and egg producers and processors financially.

Marie-Claude Bibeau, the minister of agriculture and agri-food, announced on Monday they will provide up to $1.7 billion in compensation for these supply-managed sectors. They made this commitment due to the impacts the Canada-United States-Mexico Agreement (CUSMA) has had.

“Promise made, promise kept,” she said. “We made a commitment to fully and fairly compensate the market losses suffered by dairy, poultry and egg producers and processors, and that is what we have done.”

Up to $1.2 billion is being allocated to the Dairy Direct Payment Program, while around $300 million will be used to create a new program that will support innovation and investment into large-scale projects to add value to solids-non-fat, a by-product of milk processing.

The federal government also plans to provide up to $112 million for the Poultry and Egg On-Farm Investment Program and up to $105 million to support investments in dairy, poultry and egg processing plants under the Supply Management Processing Investment Fund.

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“The measures outlined in today’s announcement provides a tool to navigate the impact of CUSMA on our sector and benefits all Canadians as egg farmers continue to embrace green tech, make enhancements to their farm operations, and grow their sector,” added Roger Pelissero, Chair of the Egg Farmers of Canada.

According to the federal government, they’ve now committed around $4.8 billion to compensate and support supply-managed sectors impacted by CUSMA, the Canada-European Union Comprehensive Economic and Trade Agreement (CETA), and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

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Jaryn.Vecchio@pattisonmedia.com

On Twitter: @princealbertnow