Leonard Waverman: Supply management’s $35-billion question (Globe and Mail)

| Canada
Contributed by Len Waverman, Dean, DeGroote School of Business

With NAFTA talks reaching a fever pitch, Canada is under increased pressure from the United States to dismantle protections for its dairy industry. Should dairy farmers be compensated if it actually happens?

That’s the $35-billion question DeGroote Dean Len Waverman unpacks in his latest contribution to The Globe and Mail.

“What we can agree on is that supply management is a bargaining chip in current and future trade talks,” Waverman writes. “As quotas are phased out, governments need a fair compensation system that rewards those who are deserving – but not those who have already reaped vast benefits.”

Read the full story.

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