Mr. Speaker, the agreement between Canada and Europe will pump $1.5 billion a year into Canada's agricultural sector and $12 billion a year into Canada's economy.
Our government has always advocated for Canada's supply management system, and we will continue to do so with this agreement. The three pillars of our national supply management system will remain the same.
We will examine any potential effects of this historic agreement on the revenues of dairy farmers, and if the level of protection is negatively affected, we will provide financial assistance.