US President Donald Trump called Canada's supply-managed dairy sector a "disgrace."
Indeed, Canada's strict system of production quotas, import restrictions and price and quality controls is a perennial target for free traders.
But guess who likes it? The biggest market Canada is wooing right now: China.
Supply management is a big reason why a Chinese corporation is investing an unprecedented $225 million in eastern Ontario.
Feihe International, Inc. wants cows. Goats, too. Lots of them.
That's because as China's one-child policy phases out, it's going to need a lot of baby formula.
Read more: A winning formula? China invests in Canadian dairy to help feed its baby boom - Politics - CBC News
Indeed, Canada's strict system of production quotas, import restrictions and price and quality controls is a perennial target for free traders.
But guess who likes it? The biggest market Canada is wooing right now: China.
Supply management is a big reason why a Chinese corporation is investing an unprecedented $225 million in eastern Ontario.
Feihe International, Inc. wants cows. Goats, too. Lots of them.
That's because as China's one-child policy phases out, it's going to need a lot of baby formula.
Read more: A winning formula? China invests in Canadian dairy to help feed its baby boom - Politics - CBC News
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