The supply management system costs the average Canadian household an estimated $300 to $444 annually.
dairy supply management
The inflation rate for supply managed products such as butter and milk outpaced the general rate.
Supply management makes agricultural products scarcer in order to inflate prices.
If Canadians were free to import from the U.S. without paying tariffs, a frozen turkey would cost 15 per cent less.
When the Australian market was deregulated in 2000, the average price farmers received for raw milk almost doubled.
Due to Canada’s policy of supply management, Canadians pay much higher prices for milk, cheese, eggs and poultry.
Policies that raise prices of milk, butter, cheese, eggs and chicken affect lower-income families.
In reality, Canadian consumers have long put their financial welfare before their loyalty to Canadian-bred cows.
If producers are free to manage supplies, then we get healthy competition and lower prices.