Canada to pay farmers for any losses under TPP deal, Ritz says

Canadian farmers will receive government compensation for any losses resulting from a Trans-Pacific Partnership (TPP) trade deal, the country’s agriculture minister said Wednesday in a discussion about the nation’s protected farm sectors.

The U.S., New Zealand and Australia want Canada to start dismantling a system of supply and import controls over dairy, poultry and eggs that keep domestic prices high and foreign producers at bay...

While eastern Canadian farmers of supply-managed products fear the impact of TPP, the majority who sell to the open market, especially in the West, desperately want a deal. Producers of grain, oilseeds, beef and pork say it’s critical to join TPP to boost access to foreign markets, particularly Japan.

This has been excerted from the 30 September 2015 article by Reuters.