After five years of negotiations, and a final week of marathon meetings, 12 Pacific Rim countries including Canada and the United State have reached an agreement on the Trans-Pacific Partnership.

While Canadian dairy was an issue in the negotiations, in the final agreement, Canada's supply management will remain protected.

However, Canada has opened up three point two-five per cent more of its dairy market to foreign suppliers.

Ron Bonnett, President of the Canadian Federation of Agriculture says on the surface this looks like a good deal for Canadian dairy, but more analysis is still needed.

"I think we really need to take a look at what that figure will mean when we get into the details of the agreement and determine how much that's going to affect the production capacity in Canada," Bonnett said. `

The Government of Canada announced yesterday a series of new programs and initiatives to help support supply-managed producers throughout the implementation of the TPP.