Mr. Speaker, on the short term, just to recap, we would pay out 100% of the accepted claims, as opposed to 60% of the claims. We would budget $75 million to help build up the capacity for processing meat so we would not have to rely upon other countries that currently are not even accepting our cattle. Right now, farmers are left with shooting the animals and not having any money come back from processing them because there are no processors that can handle them.
We would provide $400 million to help cull the herds to support the reduction of the excess mature cattle.
There would be a loan program, with no interest, so farmers could borrow money to help feed the animals. The loan would not have to be repaid until the animals were sold. There would be $25 million earmarked to cover the interest on those loans. The loans would be valued at $200 per animal.
On the mid and long term, we would be looking to implement other measures as the government of Canada, but I am running out of time.