Author Topic: Should we give up Supply Management?  (Read 295 times)

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Offline Boges

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Re: Should we give up Supply Management?
« Reply #15 on: March 09, 2018, 04:29:16 pm »
I dispute this. Given free trade, why should something that sells at Home Depot in Toronto cost more than something that sells at the Home Depot in Buffalo? Why can I drive an hour south of Ottawa, cross the border, and buy something from the stores in Ogdensburg, - which is a burg - and it's cheaper than in Ottawa?

When the dollar was at par, people would cross the border and prices in Canada did drop.

Taxation, energy and wages have something to do with it too.

Offline wilber

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Re: Should we give up Supply Management?
« Reply #16 on: March 09, 2018, 06:41:16 pm »
A big problem with supply management is the cost of quota which trades on the open market and can seriously add to a farmers cost of production. This is the kind of thing which needs to be addressed. If you get rid of supply management, government will have to reimburse farmers for what they have invested in quota because it was government that forced them to buy it in order to produce.

Getting a consistent price for a product makes for a stable industry, it doesn't breed inefficiency. The US dairy industry is in crisis because of over supply and farm suicide rates have become a real concern. Knuckling under to the US will just do the same thing to our industry and it won't fix theirs.

http://abcnews.go.com/Health/wireStory/milk-op-mailing-highlights-suicide-risk-dairy-farmers-53486265
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Offline SirJohn

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Re: Should we give up Supply Management?
« Reply #17 on: March 09, 2018, 06:42:33 pm »
When the dollar was at par, people would cross the border and prices in Canada did drop.

Taxation, energy and wages have something to do with it too.

Our taxes and wages are not higher, or not much higher than New York. Our energy costs might be higher, due to government incompetence, but that's about it. And that's a relatively recent phenomenon.
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Offline MH

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Re: Should we give up Supply Management?
« Reply #18 on: September 27, 2018, 04:36:08 am »
https://www.huffingtonpost.ca/2018/09/26/trump-rips-canada-nafta-freeland-in-marathon-press-conference_a_23542969/

Quote
OTTAWA U.S. President Donald Trump says he nixed a meeting with Prime Minister Justin Trudeau at the United Nations because he's upset with the way NAFTA negotiations are going.

"Yeah, I did,'' Trump answered, when asked if he rejected a sit-down with Trudeau during a wide-ranging 80-minute press conference, in which he expressed his unhappiness with Canada and threatened to impose tariffs on cars crossing the border if a deal isn't reached soon.

"His tariffs are too high, and he doesn't seem to want to move, and I've told him 'forget about it,'" he told reporters about a face-to-face meeting.

"We're very unhappy with the negotiations and the negotiation style of Canada we don't like their representative very much," he added, in an apparent reference to Foreign Affairs Minister Chrystia Freeland. Freeland has been in and out of Washington, D.C, leading Canada's negotiations on NAFTA with the U.S. Trade Representative Robert Lighthizer.

"Frankly, we're thinking about just taxing cars coming in from Canada,'' he said. "That's the motherlode, that's the big one.''

So... it feels like Canada is calling his bluff on this.  He wanted to be able to say he would have a deal in hand in time for the election but it's not going to happen.   Am I wrong ?

Offline TimG

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Re: Should we give up Supply Management?
« Reply #19 on: September 27, 2018, 05:55:12 am »
A big problem with supply management is the cost of quota which trades on the open market and can seriously add to a farmers cost of production.
Not just that. There is no "free market" in dairy because every country in the world massively subsidizes their producers - the US is no exception. I have really have a problem throwing dairy farmers under the bus as long as the US insists on dumping subsidized supply on Canada. If the US was seriously interested in eliminating subsidizes to its farmers then we could talk about moving to a free market. Since that is not going to happen we can only talk about a managed market which means tweaks rather than abolition.
« Last Edit: September 27, 2018, 07:11:20 am by TimG »

Offline MH

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Offline MH

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Re: Should we give up Supply Management?
« Reply #21 on: September 30, 2018, 09:04:46 pm »
...aaaand apparently there is a deal.

I'm guessing that Canada gave in to something around dairy but only enough for Trump to say he won. 


Offline Gorgeous Graham

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Re: Should we give up Supply Management?
« Reply #23 on: September 30, 2018, 09:43:50 pm »
https://www.thestar.com/amp/opinion/star-columnists/2018/09/27/its-time-to-end-the-charade-and-walk-away-from-nafta.html

Toronto Star says we should walk away.

WTF does a newspaper journalist know about the complexities of international trade deals & the impacts it will have on our economies?  He probably doesn't even know half of whats on and off the table.
"The economy has been relatively strong but Trudeau has chosen to run deficits year after year & has said will continue to do so well into the future.  This means we'll be in a worse & more vulnerable financial position when a recession hits when we HAVE to run deficits again." - Me, Oct. 3, 2019

Offline MH

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Re: Should we give up Supply Management?
« Reply #24 on: December 26, 2019, 12:05:12 pm »
https://www.ft.com/content/f9c20bde-1d23-11ea-97df-cc63de1d73f4

Okaaaay... Fed pumping $500B into the economy and hardly any coverage ?

Is the collapse here finally ?

Offline wilber

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Re: Should we give up Supply Management?
« Reply #25 on: December 26, 2019, 12:56:55 pm »
https://www.ft.com/content/f9c20bde-1d23-11ea-97df-cc63de1d73f4

Okaaaay... Fed pumping $500B into the economy and hardly any coverage ?

Is the collapse here finally ?

The US government is already dumping more than a trillion of borrowed money into the economy every year.  A one time $500B seems like chump change.
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Offline MH

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Re: Should we give up Supply Management?
« Reply #26 on: December 26, 2019, 02:19:13 pm »
1. The US government is already dumping more than a trillion of borrowed money into the economy every year. 
2. A one time $500B seems like chump change.

1. Yes, very true.
2. 50% of a huge amount is not chump change.
3. Can we now say that this economic boom is created on 100% borrowed money ?

Offline wilber

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Re: Should we give up Supply Management?
« Reply #27 on: January 02, 2020, 05:57:00 pm »
1. Yes, very true.
2. 50% of a huge amount is not chump change.
3. Can we now say that this economic boom is created on 100% borrowed money ?

2. It seems to be chump change if you are Trump, he more than doubles it every year.
3. I think so.
"Never trust a man without a single redeeming vice" WSC