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Milking the system

20 Jun 2012

Specifically, the decision by the federal government to unwind one of the more prominent marketing boards (the Canadian Wheat Board) coupled with the obstacles supply management poses to trade negotiations with both Europe and the Trans Pacific Partnership (TPP) have put these issues front and centre in the public mind. [...] The second is to apply very high tariffs to imports of dairy and poultry products from other countries.2 8 Milking the System: How Agricultural Supply Management Impedes Trade Opportunities and Egregiously Transfers Income Supply Management versus the Market An unfettered market is one in which the forces of demand and supply determine the market price and quantity without any interference or invo [...] The Act lays out the powers of the Ontario Farm Products Marketing Commission and the powers vested to each of the individual marketing boards by the Commission.3 In addition to those products specifically regulated, the Act (in section 12) provides for. [...] They found that, in the decade between 1999 and 2008, the return to quotas (in the form of the net operating income of supply managed farms) was somewhat below the returns to government of Canada bonds. [...] While it is true that the governments in other nations can and do provide assistance to their farm sector and that such assistance gives those farmers an unfair advantage in selling food, it is also true that the nature and severity of their subsidies have been reduced substantially, as is the case in the European Union and is apparently about to occur in the United States.10 This is presumably wh
agriculture politics economics food economy poverty investment international trade business government policy international relations marketing boards prices economic sector livestock farming wto nafta supply management trans-pacific partnership tpp north american free trade agreement price farm low-income economy, business and finance market (economics) agricultural industries agriculture and state supply management (canada) demands supply management

Authors

Sarlo, Christopher A

Pages
37
Published in
Canada

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