What's behind the cost of milk, eggs and chicken in Canada
BNN Bloomberg
Earlier this year, a since-removed TikTok video of a Canadian farmer dumping milk while decrying supply-management rules received national media attention. It's not the first time the image a scene, of thousands of litres of fresh milk running down a drain, has come under scrutiny.
“Milk ... is a very emotional product for us,” said Michael von Massow, a food economy professor at the University of Guelph in Ontario. “We feed it to our kids, it's a staple, one of the biggest sellers in grocery stores."
In fact, von Massow thinks that’s one of the reasons that dairy in Canada is supply managed, alongside eggs and poultry — to protect a Canadian product for Canadian consumers.
After all, you can't talk about competition in Canadian industries without mentioning the sectors where competition has been purposefully restrained.