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Agriculture committee  It would help producers get through the crisis. At the moment, there is assistance for processors. The $70 million that was announced is actually for processors, which is very good news. However, for producers to get through the crisis, they need cash flow immediately. This $20 w

May 12th, 2020Committee meeting

René Roy

Agriculture committee  Yes, indeed. As has already been said, the AgriStability program is very ineffective in an emergency situation like the one we are currently experiencing. There are always delays. So it is very ineffective at helping producers in a crisis like the one we are currently experiencin

May 12th, 2020Committee meeting

René Roy

Agriculture committee  Thank you, Mr. Bergmann. Due to the temporary shutdown of processing plants in Quebec and Ontario, more than 100,000 pigs that should have been processed are instead stuck on farms. It is costing farmers money to feed those pigs. Their welfare is at risk and, adding insult to in

May 12th, 2020Committee meeting

René Roy

Finance committee  We need swift and effective assistance. In the short term, we estimate that we'll need $20 per hog if we're going to survive this crisis. The demand for food is still there, and we are continuing to export, but the crisis could last months. We hope that will be enough. Beyond the

April 23rd, 2020Committee meeting

René Roy

Finance committee  Yes. What I was saying is that we are looking for financial support of $20 per hog.

April 23rd, 2020Committee meeting

René Roy

Finance committee  If I may add to that, the reason is that it's also a matter of mental health. Right now, people are desperate to find solutions for their business. They have invested not only in their time, but must also have help so they can get through this.

April 23rd, 2020Committee meeting

René Roy

Finance committee  As far as support for the pork industry goes, the chair of the committee suggested that $20 per hog may not even be enough. As business owners, we are prepared to assume some of the risk. We are well aware that prices fluctuate. According to our estimates, $20 per hog could help

April 23rd, 2020Committee meeting

René Roy

Finance committee  I will step in here—

April 23rd, 2020Committee meeting

René Roy

Finance committee  We were talking about $4.1 billion in revenue last year from the pork producers, so you can imagine that if there is help now, we will be able to weather the storm and we will be the ones who will contribute to the economy tomorrow. We are expecting a loss of a bit more than hal

April 23rd, 2020Committee meeting

René Roy