Feds announce $8.3M in support for beef industry amid standoff with China

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Canada's beef industry is getting $8.3 million in federal funds.

Canada’s beef industry is getting $8.3 million in federal funds, the bulk of it aimed at growing its international market reach as a trade standoff with China continues.

The biggest recipient is marketing organization Canada Beef, which is getting $5.3 million to grow sales internationally, in part by boosting foreign consumer confidence in Canada’s product. “We have submitted a plan with short-term, long-term, medium-term measures to reassure our Chinese trading partner and we are hopeful they will re-open the market as soon as possible.”Michael Young, president of Canada Beef, welcomed the federal dollars.“It’s tremendous news as it comes at a time when the Canadian beef industry really needs the investment to get into the markets we need to get into and to work with the end-user customers that are really looking for our product.

The Canadian Cattlemen’s Association is getting $1.7 million from Ottawa to build public trust in their product globally through the Verified Beef Production Plus quality-assurance program.

 

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Bird5Ca Can someone do the math. How long will it take for a country to go broke when every business is fueled by taxpayer's money? Nevermind, I just remembered it is money borrowed against expected future prosperity. The prosperity that is fueled by taxpayer's money....er... nevermind

globalnews Awesome. Freeland opens her stupid trap and tax payer has to bail out the farmers.

globalnews 8.3 million lol how much did we lose because of meat head and the liberal circus?

I say tell China if they don’t quit all this trade bullshit Hauwei will be totally banned from North America.

globalnews As if it isn't already expensive enough to buy beef now they get tax Dollars $25 for a tbone steak. Beef prices are ridiculous!!!!

globalnews It’s a band aid solution funded by taxpayers from a problem they created. 👏🏻👏🏻👏🏻👏🏻👏🏻

globalnews

globalnews More cash for RICH farmers driving those $105,000 Dodge 3500s.....

WTFH? A bail out? Have you seen the price of meat at the grocery store? They can’t make it work? Come on! Wake up people, they right has beyond failed to organize a fair market that serves society first. More tax money going to the already rich. Buy local folks 😉

globalnews Million That’s it?! Wow

globalnews Buying votes is a Liberal speciality!

Omar Khadr got $10.5 million.

globalnews Trudeau buying the election

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