Dairy Farmers of Canada says it's pleased about the $350 million in development funding coming from the federal government.
However, DFC also notes the money only partially offsets the damage that will come from CETA.
The organization anticipates the trade agreement will result in nearly 18,000 tonnes of cheese no longer being made in Canada as cheaper European brands are imported.
That's the equivalent of $116 million in lost revenues.
DFC President Wally Smith says the funding shows a significant committment to supply management and the growth of the dairy sector by the federal government.
He also adds there's still work to be done to ensure the continued sustainability and viability of the industry.