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Canadian here. Supply management is probably great for many producers. They participate in legal cartels engaged in mandated price-fixing, so this can protect t
by noarchy 6y ago
Canadian here. Supply management is probably great for many producers. They participate in legal cartels engaged in mandated price-fixing, so this can protect their bottom line. For consumers it keeps prices high on things like dairy (even with the CAD in rough shape, I could still find cheaper cheese just across the border, in the US; pre-covid, mind you).
Most major countries have some kind of scheme in place to fix agriculture prices. In the case of the US there are subsidies that everyone pays, via taxes.