Mr. Speaker, I would like to thank the member for Swift Current—Grasslands—Kindersley for his submission this evening. I see he is basking in the glow of his 18th wedding anniversary and the Grey Cup victory of his favourite team, so that is a good thing.
The issue the member raises is an extremely serious one. The agricultural sector is critically important for feeding not only the country but the entire world and doing so in a sustainable way. It is also a key driver of Canada's economy, contributing significantly to our GDP, jobs and exports. That includes, of course, the world-class canola and pulse producers in Saskatchewan, who lead the nation in the production of these crops.
We know they are facing tremendous uncertainty with the punitive tariffs on their world-class products, and the hon. member pointed to some very specific examples and calculations. The budget that was just adopted by this House has committed more than $639 million over five years for the following measures.
There is $109.2 million in 2025-26 for the AgriStability program to help farmers cope with large declines in income due to increased costs, market disruptions and other challenges, by increasing the compensation rate to farmers from 80% to 90% and raising the payment cap per farm from $3 million to $6 million. That was in the budget.
There is $75 million over five years for the AgriMarketing program to enhance the diversification and promotion of Canada's agriculture and agri-food products, including canola and pulses, into new markets. That was in the budget.
There is $97.5 million over two years to increase the advance payments program's interest-free limit to $500,000 for canola advances for the 2025 and 2026 program years, resulting in interest savings for producers and increased access to cash flow to help cover costs until they sell their products. That was in the budget.
There is $372 million over two years to establish a biofuels production incentive to support the stability and resilience of domestic producers of biodiesel and renewable diesel.
Taken together, these investments will support Canadian canola and pulse producers as we work around the clock to restore an even playing field with our largest customer.