Tuesday, 7 June 2016

TPP Compensation

Before the end of June 2017, will the federal government announce at least $2 billion in compensation to farmers for the TPP or CETA?
Yes: 40%
("Compensation to farmers" includes compensation to food processors, etc.)

The previous federal government announced that it would provide $4.3 billion in compensation for the TPP and CETA trade deals (see story here).  The current government has not indicated if it will ratify the TPP or what compensation will be provided.  I tend to think that the current government will eventually ratify the TPP and provide compensation, but it might not happen in the time period of this question, and it might be less than $2 billion.

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