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by jessriedel
1031 days ago
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Milk cartel. > The dairy sector is different because since the 1970s it has been subject to supply management. Basically, it’s a government-sanctioned cartel: The Canadian Dairy Commission dictates the precise amount of milk produced every month in the country and uses this top-down control to keep dairy prices artificially high. Similar systems are also in place for chicken, turkey and eggs. > The Canadian dairy sector can do this without fear of international competition because foreign imports are subjected to prohibitive tariffs of up to 300 per cent; this is why border guards will often explicitly ask you if you have any cheese in your luggage (and why the police keep busting cheese-smuggling rings). https://nationalpost.com/news/canada/first-reading-why-milk-... |
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