WASHINGTON — Canadian dairy farmers have panned the renegotiated trade pact between Canada, the U.S. and Mexico, saying the new deal will undercut the industry by limiting exports and opening up the market to more American products. Dairy Farmers of Canada issued a terse statement almost immediately after the 11th-hour agreement was announced late Sunday, following 14 months of difficult negotiations between the parties. U.S. administration officials said the USMCA provides increased access to Canada’s dairy market for U.S. producers and limits the American impact of Canada’s supply management system. ( Michael Conroy / THE CANADIAN PRESS FILE PHOTO )The organization said the newly minted U.S.-Mexico-Canada Trade Agreement, or USMCA, will grant an expanded 3.6 per cent market access to the domestic dairy market and eliminate competitive dairy classes, which the group says will shrink the Canadian industry. It said the measures will have “a dramatic impact not only for dairy farmers but for the whole sector.” “This has happened, despite assurances that our government would not sign a bad deal for Canadians,” Pierre Lampron, president of Dairy Farmers Canada, said in the statement.

Source: thestar October 01, 2018 12:56 UTC