Dairy Farmers of Canada released a statement shortly after finding out Prime Minister Justin Trudeau refused to sign an agreement in principle on the Trans Pacific Partnership, saying while they’re happy he held firm for a better deal, they’re disappointed that market access concessions on agriculture were not mentioned among the outstanding issues.
The original agreement, which includes the US who has pulled out of the deal, included a market access concession of 3.25% of Canada’s Dairy Market. Dairy Farmers of Canada estimates that represents a loss of up to $246M per year.
DFC says they consider it imperative for the Canadian government to ensure that the original market access concessions on dairy and supply management be re-calibrated to reflect the loss of the world’s largest economy in the deal.
DFC thanked the PM, saying they fully support his stance on holding out for the best deal for Canada, saying they will continue to monitor the situation as it unfolds.