Wednesday, July 6, 2022
No Result
View All Result
  • Media
Support Us
Macdonald-Laurier Institute
  • Home
  • About
    • Who We Are
    • Who Makes MLI Work
    • Tenth Anniversary
    • Jobs
  • Experts
  • Issues
    • Domestic Policy Program
      • Agriculture and Agri-Food
      • Canada’s Political Tradition
      • Economic policy
      • Energy
      • Health Care
      • Justice
      • Social issues
      • Telecoms
    • Foreign Policy Program
      • Foreign Affairs
      • National Defence
      • National Security
    • Indigenous Affairs Program
  • Projects
    • COVID and after: A mandate for recovery
    • COVID Misery Index
      • Beyond Lockdown
    • Provincial COVID Misery Index
    • Centre for Advancing Canada’s Interests Abroad
      • Dragon at the Door
      • The Eavesdropping Dragon: Huawei
    • An Intellectual Property Strategy for Canada
    • Speak for Ourselves
    • Canada and the Indo-Pacific Initiative
    • DisInfoWatch.org
    • The Transatlantic Program
    • Indigenous Prosperity at a Crossroads
      • Aboriginal Canada and Natural Resources
    • Talkin’ in the Free World with Mariam Memarsadeghi
    • Past Projects
      • Justice Report Card
      • Munk Senior Fellows
      • A Mandate for Canada
      • Confederation Series
      • Fiscal Reform
      • The Canadian Century project
      • Fixing Canadian health care
      • Internal trade
      • From a mandate for change
      • Size of government in Canada
  • Events
    • Upcoming Events
    • Past Events
      • MLI Dinners
      • Great Canadian Debates
  • Latest News
  • Libraries
    • Inside Policy Magazine
      • Inside Policy Back Issues
      • Inside Policy Blog
    • Papers
    • Columns
    • Books
    • Commentary
    • Straight Talk
    • Video
    • Multimedia
    • Podcasts
    • Leading Economic Indicator
    • Labour Market Report
    • MLI in the Media
  • Home
  • About
    • Who We Are
    • Who Makes MLI Work
    • Tenth Anniversary
    • Jobs
  • Experts
  • Issues
    • Domestic Policy Program
      • Agriculture and Agri-Food
      • Canada’s Political Tradition
      • Economic policy
      • Energy
      • Health Care
      • Justice
      • Social issues
      • Telecoms
    • Foreign Policy Program
      • Foreign Affairs
      • National Defence
      • National Security
    • Indigenous Affairs Program
  • Projects
    • COVID and after: A mandate for recovery
    • COVID Misery Index
      • Beyond Lockdown
    • Provincial COVID Misery Index
    • Centre for Advancing Canada’s Interests Abroad
      • Dragon at the Door
      • The Eavesdropping Dragon: Huawei
    • An Intellectual Property Strategy for Canada
    • Speak for Ourselves
    • Canada and the Indo-Pacific Initiative
    • DisInfoWatch.org
    • The Transatlantic Program
    • Indigenous Prosperity at a Crossroads
      • Aboriginal Canada and Natural Resources
    • Talkin’ in the Free World with Mariam Memarsadeghi
    • Past Projects
      • Justice Report Card
      • Munk Senior Fellows
      • A Mandate for Canada
      • Confederation Series
      • Fiscal Reform
      • The Canadian Century project
      • Fixing Canadian health care
      • Internal trade
      • From a mandate for change
      • Size of government in Canada
  • Events
    • Upcoming Events
    • Past Events
      • MLI Dinners
      • Great Canadian Debates
  • Latest News
  • Libraries
    • Inside Policy Magazine
      • Inside Policy Back Issues
      • Inside Policy Blog
    • Papers
    • Columns
    • Books
    • Commentary
    • Straight Talk
    • Video
    • Multimedia
    • Podcasts
    • Leading Economic Indicator
    • Labour Market Report
    • MLI in the Media
No Result
View All Result
Macdonald-Laurier Institute

Straight Talk: End supply management to give better value to consumers, secure new trade deals

November 22, 2011
in Agriculture and Agri-Food, Domestic Policy Program, Latest News, Releases, Straight Talk
Reading Time: 2 mins read
A A

MEDIA RELEASE

November 22, 2011, Ottawa, ON – Canadian agriculture is among the most protected parts of our economy, in large part because of government-sponsored cartels, referred to as “supply management”. These cartels benefit the farmers involved by restricting output and fixing prices well above competitive levels. These monopolies have also stifled productivity in Canadian agriculture and impeded Canada’s ability to negotiate trade deals with Europe as well as the Trans-Pacific Partnership.

In the latest instalment of the Macdonald-Laurier Institute’s Straight Talk series, Professor Ian Lee discusses why Canada has supply management, why we shouldn’t, and the fairest way to help consumers and farmers out of supply management.

He says, “Canada should phase out all supply management that fixes production and prices in dairy, eggs, chicken, turkey, and broiler hatching eggs.”

In order to do this he offers the Australian experience as a model for Canada. He says, “Canada should impose a temporary levy on the sale of covered products sufficient, in each industry, to pay fair compensation to all holders of quotas or licences over a period of time for the loss of those assets.”

For example, in compensating farmers who hold quota licences, the government should use a sliding scale. Farmers who purchased the licences more recently should receive close to or even full compensation. Farmers who were already in the business when the system was created, and therefore incurred no cost in purchasing the licences, should receive little if any compensation. In between the two extremes, adjustments to the total compensation should be made based on the fact that the farmers enjoyed monopoly rents, or prices above market, based on the quotas. These rents have already to some extent compensated farmers for the cost of the licences.

He concludes, “The cost to compensate farmers is a necessary one-off expenditure to shift from a rigid, overpriced, non market system to one driven by supply and demand. This change will hugely benefit consumers through lower prices. It will also allow Canada to aggressively negotiate new trade deals and thus secure access to new markets for our agricultural produce.”

Ian Lee is an Assistant Professor at Carleton University’s Sprott School of Business where he teaches strategic management and international business.

Click here to read the latest Straight Talk with Professor Ian Lee on supply management.

 

Previous Post

MLI Media Update: MLI on CPAC’s Goldhawk Live, quoted in Reuters on the fiscal lessons for the U.S., and much more!

Next Post

MLI author Ian Lee discusses supply management in the Toronto Star

Related Posts

The Macdonald-Laurier Institute welcomes new Senior Fellow, Karthik Nachiappan
Releases

The Macdonald-Laurier Institute welcomes new Senior Fellow, Karthik Nachiappan

July 6, 2022
Strategic value of Russian gains in Luhansk: Christian Leuprecht on CBC News
Multimedia

Strategic value of Russian gains in Luhansk: Christian Leuprecht on CBC News

July 4, 2022
Canada has pressing interests in the Indo-Pacific region. It’s time we started acting like it: Stephen Nagy in the Hub
Foreign Policy Program

Canada has pressing interests in the Indo-Pacific region. It’s time we started acting like it: Stephen Nagy in the Hub

July 4, 2022
Next Post

MLI author Ian Lee discusses supply management in the Toronto Star

Macdonald-Laurier Institute

323 Chapel Street, Suite #300
Ottawa, Ontario
K1N 7Z2 Canada

613.482.8327

info@macdonaldlaurier.ca
MLI directory

Follow us on

Newsletter Signup

First Name
Last Name
Email Address

Support Us

Support the Macdonald-Laurier Institute to help ensure that Canada is one of the best governed countries in the world. Click below to learn more or become a sponsor.

Support Us

Inside Policy Magazine

  • Current Issue
  • Back Issues
  • Advertising
  • Inside Policy Blog
  • Privacy Policy

© 2021 Macdonald-Laurier Institute. All Rights reserved.

No Result
View All Result
  • Home
  • About
    • Who We Are
    • Who Makes MLI Work
    • Tenth Anniversary
    • Jobs
  • Experts
  • Issues
    • Domestic Policy Program
      • Agriculture and Agri-Food
      • Canada’s Political Tradition
      • Economic policy
      • Energy
      • Health Care
      • Justice
      • Social issues
      • Telecoms
    • Foreign Policy Program
      • Foreign Affairs
      • National Defence
      • National Security
    • Indigenous Affairs Program
  • Projects
    • COVID and after: A mandate for recovery
    • COVID Misery Index
      • Beyond Lockdown
    • Provincial COVID Misery Index
    • Centre for Advancing Canada’s Interests Abroad
      • Dragon at the Door
      • The Eavesdropping Dragon: Huawei
    • An Intellectual Property Strategy for Canada
    • Speak for Ourselves
    • Canada and the Indo-Pacific Initiative
    • DisInfoWatch.org
    • The Transatlantic Program
    • Indigenous Prosperity at a Crossroads
      • Aboriginal Canada and Natural Resources
    • Talkin’ in the Free World with Mariam Memarsadeghi
    • Past Projects
      • Justice Report Card
      • Munk Senior Fellows
      • A Mandate for Canada
      • Confederation Series
      • Fiscal Reform
      • The Canadian Century project
      • Fixing Canadian health care
      • Internal trade
      • From a mandate for change
      • Size of government in Canada
  • Events
    • Upcoming Events
    • Past Events
      • MLI Dinners
      • Great Canadian Debates
  • Latest News
  • Libraries
    • Inside Policy Magazine
      • Inside Policy Back Issues
      • Inside Policy Blog
    • Papers
    • Columns
    • Books
    • Commentary
    • Straight Talk
    • Video
    • Multimedia
    • Podcasts
    • Leading Economic Indicator
    • Labour Market Report
    • MLI in the Media

© 2021 Macdonald-Laurier Institute. All Rights reserved.

IDEAS CHANGE THE WORLD!Have the latest Canadian thought leadership delivered straight to your inbox.
First Name
Last Name
Email address

No thanks, I’m not interested.