Registrations have closed for the second round of dairy compensation payments from the federal government.
Agriculture minister Marie-Claude Bibeau said April 8 that 9,682 farmers had registered for this year’s program. Payments totalling $459.4 million will be made this month as part of the $1.75 billion effort to compensate farmers for lost markets due to international trade agreements.
The compensation based on milk quota is being paid over four years.
There are 10,095 dairy farms in Canada that could have shared the $468 million available this year.
A spokesperson for Bibeau said the number of farmers who didn’t apply, 413, is similar to last year.
“The Canadian Dairy Commission and provincial boards have reached out to non-registered producers on multiple occasions and some producers chose not to register for a variety of reasons,” the spokesperson said.
Compensation for the Canada-United States-Mexico trade deal has not yet been determined.
Source: producer.com
