Canadian PM Martin announces $1-billion mad cow bailout | Globe and Mail

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Martin announces $1-billion mad cow bailout

By ALLISON DUNFIELD
Globe and Mail Update

Prime Minister Paul Martin confirmed Monday a bailout package worth close to $1-billion for cattle producers suffering from the effects of the mad-cow crisis.

Most of the details of the package, however, had been leaked to the media last week.
Mr. Martin had indicated that Tuesday's federal budget would include money for cattle producers.

Mr. Martin said that of the $995-million made available, $680-million will go to cattle producers and producers of other ruminants. The money is also available to producers of sheep, goats, bison, elk and deer.

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