Area
Canada
Commodity Group
Milk and dairy products
Commodity
Dairy products
Date
28/11/2020
Policy Category
Production
Policy Instrument
Government support
Description
Announced the accelerated payment of the remaining compensation payment for dairy farmers for ceding market access under the Canada-European Union Comprehensive Economic and Trade Agreement (implemented in 2017) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (implemented in 2018), changing it to three years rather than the initially planned seven-year period. Under the plan, farmers will receive USD 360 million each year from 2020 to 2023.
