Madam Chair, in Canada, we're fortunate to have a supply management system for the dairy sector. It's truly a privilege, and this allows us to protect family farms and encourage the rural vitality of the various regions.
We're also fortunate to have the Canadian Dairy Commission, a well-structured, competent and experienced organization. Through the increased loan capacity that we gave it last week, it has the opportunity to buy more surplus milk, butter and cheese, and to better manage its stocks.
We announced $1.75 billion in compensation for the agreements with Europe and the trans-Pacific zone. The first payment was made in December or very early this year. After we manage this health crisis, we'll be able to continue the compensation payments.