Agriculture

Trading Supply Management for Softwood Lumber?

During the American election campaign, Donald Trump criticized the North American Free Trade Agreement on several occasions, going so far as to call it “a disaster,” and he clearly stated his intention to renegotiate it. Although the new president is wrong to target it as the source of the economic ills afflicting his country, it is true that NAFTA could be improved.

Viewpoint – Supply Management Makes the Poor Even Poorer

As a result of a recent decision by the Canadian Dairy Commission, the price of industrial milk is set to increase on September 1st, 2016. Numerous studies have found that supply management, under which Canada’s dairy and poultry sectors operate, imposes a large cost per family through higher consumer prices than could be obtained on open markets. Furthermore, these higher prices place more of a burden on poorer households than on richer ones.

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