Canada’s supply management systems impose tariffs of up to 300 per cent on above-quota imports.
Dairy farmers in Canada benefit from high prices delivered by supply management.
When the Australian market was deregulated in 2000, the average price farmers received for raw milk almost doubled.
Canada has less leverage with U.S. negotiators now than before the U.S.-Mexico deal.
In renegotiating NAFTA, President Trump wants to end Canada’s supply management system.
Eliminating restrictive dairy industry protections could lower dairy costs for Canadians by up to 40 per cent.
President Trump called Canada’s system of supply management for dairy products a "disgrace."
No normal person pays close attention to who is in or out as finance minister, and thats a good thing. It means the politician in question has avoided messing up the lives of ordinary Canadians. Still, their actions can and do matter, for better or worse.
As a publicity stunt, the recent New Democratic Party proposal to limit withdrawal fees at some automated teller machines (ATMs) at fifty cents worked well. But getting publicity for an idea, including a poor one, is one thing; getting attention to useful reforms that will greatly benefit consumers is quite another. The ATM idea is a good example of the former and not the latter.