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The Canadian Dairy Commission (CDC) (French: Commission canadienne du lait) is an Ottawa-based Government of Canada Crown Corporation that provides a framework for managing Canada's dairy industry. [5] The CDC's mandate is to "ensure fair compensation to producers and provide consumers with access to a quality product." [6]
In March 2017, the Canadian dairy industry implemented a Canada-wide domestic policy, creating a lower-priced class of industrial milk, Class 7, as part of Canada's National Ingredient Strategy negotiated between Canadian processors and producers, to address the surplus of 'non-fat solids' which include milk ingredients such as whole milk ...
Unlike most bank loans to small businesses, government loans may be unsecured. Loan guarantees – Under the Canadian Small Business Financing Act, [1] the federal government may guarantee a financial institution's loan to a small business, to a maximum of 85 percent. If the borrower defaults on a loan, the bank is protected, and therefore more ...
The group became Dairy Farmers of Canada in 1942, and its mandate was to stabilize the dairy market and increase revenues for dairy farmers. [12] In the face of lobbying, government programs were instituted in the 1940s and 1950s to increase prices and limit imports. 1958 saw the creation of the Agricultural Stabilization Board, though it was ...
Agribusiness: a display of a John Deere 7800 tractor with Houle slurry trailer, Case IH combine harvester, New Holland FX 25 forage harvester with corn head. An agricultural subsidy (also called an agricultural incentive) is a government incentive paid to agribusinesses, agricultural organizations and farms to supplement their income, manage the supply of agricultural commodities, and ...
A formal system of equalization payments was first introduced in 1957. [7] [ Notes 1]. The original program had the goal of giving each province the same per-capita revenue as the two wealthiest provinces, Ontario and British Columbia, in three tax bases: personal income taxes, corporate income taxes and succession duties (inheritance taxes).