Canada will spend C$1.75 billion ($1.32 billion) over eight years to compensate ...
WINNIPEG, Manitoba - Canada will spend C$1.75 billion over eight years to compensate dairy farmers facing greater competition due to free trade deals, Prime Minister Justin Trudeau’s government said on Friday, attempting to satisfy an influential group of voters two months before a national election.
Bibeau said Trudeau’s government will make no further dairy market-access concessions in other trade negotiations. Of Canada’s aid to dairy farmers, C$345 million will be paid directly to farmers in the first year based on the size of their production quotas, Bibeau said.
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