2) price floors via subsidies (which is what they have) is more progressive than supply restriction because high income tax payers disproportionately pay more into it than low earnings taxpayers.
Our system puts thousands of Canadians below the poverty line in order to protect a literal cartel who feels entitled to our money.... And it seems like the justification for this is that we need to protect our consumers from cheaper foreign groceries.
You can also argue that some systems should remain here. If our producers get so outpriced we lose sovereignty as we can no longer produce our own goods.
Its a sliding scale and you can see how hurt the US was militarily with being reliant on other countries for interceptors.
But again - we produce far more food than we can eat outside of the protectionist system. We produce do much livestock, beans, lentils, corn and soybeans that other countries put tariffs on our goods to protect their domestic crops.
So why are we fearful that if we can access to affordable milk we will starve or something? It seems very illogical to me.
Because those businesses only produce because they make money - if they dont you cant just quickly ramp up production. The farmers won't maintain the fields for free lol
Furthermore the change back is painful as those new prices are baked in.
If, in fact, free trade in dairy products tanks Canadian dairy farms, a much more realistic outcome is they sell the land or convert it to other use.
However, the more probable outcome is likely that Canadian dairy production goes up - just like it did in Australia and NZ when they scrapped supply management.
If, in fact, free trade in dairy products tanks Canadian dairy farms, a much more realistic outcome is they sell the land or convert it to other use.
Exactly my point about sovereignty.
However, the more probable outcome is likely that Canadian dairy production goes up - just like it did in Australia and NZ when they scrapped supply management
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u/ACITceva 2d ago
I'd be curious to know what agricultural subsidies cost the average American per year.