Dairy farmers warn of effects of TPP

BNN Video.

David Janssens, Board member on the B.C. Dairy Association and Dairy Farmers of Canada explains the concerns of this selected group in regard to Canada opening the market to open trade as a part of its agreement in the Trans Pacific deal. Basically what these countries are aiming at is to introduce a set of new products into the Canadian market which will eventually drop prices. Some people claimed that this will be actually beneficial for Canada citing what happened to New Zealand several years ago when they opened the dairy market for free trade and became the largest dairy manufacturer in the world. However, farmers know this is a trade off in terms of price as last week New Zealand price per Gal of milk reached the lowest in history in order to compete with the newcomers. This is what farmers want to avoid in Canada as they mention the products are priced accordingly.

Article: http://www.theglobeandmail.com/report-on-business/video/video-dairy-farmers-fear-tpp-will-cause-migration-to-low-cost-producers/article25751251/

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