Supply management’s $35-billion question

How is a Canadian dairy cow like a Montreal taxi cab? The answer lies in supply management, DeGroote School of Business Dean Leonard Waverman writes in The Globe and Mail.

By Leonard Waverman, Dean, DeGroote School of Business September 12, 2018

Supply management, which governs Canada's dairy business, is a bargaining chip in trade talks, writes Leonard Waverman, dean of the DeGroote School of Business.
Supply management, which governs Canada’s dairy business, is a bargaining chip in trade talks, writes Leonard Waverman, dean of the DeGroote School of Business.

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With NAFTA talks reaching a fever pitch, Canada is under increased pressure from the United States to dismantle protections for its dairy industry. Should dairy farmers be compensated if it actually happens?

That’s the $35-billion question DeGroote School of Business Dean Len Waverman tackles in The Globe and Mail.

“What we can agree on is that supply management is a bargaining chip in current and future trade talks,” Waverman writes. “As quotas are phased out, governments need a fair compensation system that rewards those who are deserving – but not those who have already reaped vast benefits.”

Read the full story on The Globe and Mail.

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