Compensation for supply managed producers still in the works

Canada’s Agriculture Minister, Marie-Claude Bibeau, reinforced her commitment to supply management at the Dairy Farmers of Canada AGM in Saskatoon this week.

During her announcement of over $11 million of Government funding for the Dairy Research Cluster Tuesday, July 16, Bibeau touched on the Government’s plan to compensate supply managed producers.

The Government included a $3.9 billion compensation package in the 2019 budget, with up to $2.4 billion to sustain the incomes of producers, as well as up to $1.5 billion to protect against any reduction in quota value.

They say they’ve been working hard with industry working groups to finalize these delivery mechanisms.

For the full story, click here.