Supply management now is shutting Canada out of a trans-Pacific free trade deal: New Zealand isn't interested in letting Canada come to the table if the Canadians rule out trade in dairy.
The Canadians know it's hurting them:
“We are at a time in our international trade policy that we have to weigh the costs and benefits of maintaining supply management when it is clear that this system of protection is jeopardizing our access to a number of trade agreements, not only bilaterally but also regionally and globally,” said Yuen Pau Woo, head of the Asia Pacific Foundation of Canada.The Kiwis are surprised the Canadians still have in place systems we abandoned more than 20 years ago.
Either buy out the quota holders or start eroding quota value. Not only will you start seeming sensible in trade negotiations - damning tariff barriers elsewhere while defending supply management is an asinine bargaining position - but you'll also start getting much better ice cream. The cheapest store-brand ice cream here is on par with premium brands in Canada - seriously.
Not making efficient moves makes Baby Pareto cry. Stop poking thorns into Baby Pareto's heart, Canada! Follow CD Howe's plan, and you get to remove a thorn from Baby Kaldor-Hicks's heart; follow mine, and you get to remove a thorn both from Baby Kaldor-Hicks's heart AND from Baby Pareto's heart. Happy baby giggles and good ice cream ensue.
