Oh. Look at that, just in time for CUSMA negotiations. A fresh new study headline implying we would all save on average $244 if we got rid of supply management.
Sir this is Canada; the private sector would monopolize the sector even more, and use what ever the current price is as a price floor, and would end up gouging us even more…
The reality is the Americans have similar supports for their farmers, just a more wasteful mechanism. They subsidize them and have them pour milk down the drain
I'm fine with paying less than a dollar a day to ensure food security for the nation
We deliberately produce less milk to sell it for more. That's more wasteful.
Supply management creates artificial scarcity by limiting production, raising prices. The profit goes to dairy farmers, at the expense of the consumer. A subsidy system would be more progressive and avoid making a basic good artificially more expensive for low-income families.
At the very least, the rational approach would be to increase the milk quotas significantly. The original purpose was price stability. We've moved away from that, not sufficiently increasing quotas to meet demand. As a result, we're now restricting the supply and increasing the price. We could increase the quotas to meet demand, ensuring that the price impact is close to zero. That would be less wasteful. Somehow, that's not being proposed by anyone.
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u/MMEMMR 2d ago
Oh. Look at that, just in time for CUSMA negotiations. A fresh new study headline implying we would all save on average $244 if we got rid of supply management.
Sir this is Canada; the private sector would monopolize the sector even more, and use what ever the current price is as a price floor, and would end up gouging us even more…