Agriculture Minister Lawrence MacAulay announced two programs worth $350 million for Canada's dairy sector Thursday, as his Liberal government tries to help farmers and processors adjust to new competition from foreign cheese imports under the Canada-EU trade deal.
The Comprehensive Economic and Trade Agreement (CETA) may come into force provisionally next year. Today's new funding is meant to be in place before new European cheeses displace up to four per cent of the Canada's cheese market.
The Liberal government pledged transition assistance to help both farmers and processors adjust to the new foreign competition.
To read the rest of the story, please go to: CBC News