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excert from report

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    excert from report

    Canada’s milk policy is another example of the triumph of the
    well-organized few over large numbers of people by using the power of
    government,” says William Stanbury, Professor Emeritus, University of British
    Columbia and the study’s author. “It is in the best interest of politicians to
    create policies that benefit vocal groups like milk producers because it
    increases their chances of election or re-election.”

    Stanbury shows that as a result of these political pressures, Canada’s dairy
    policy has become increasingly counterproductive: industrial milk prices have
    risen faster than the overall rate of inflation, produced rising prices for milk
    quotas, (the right to sell a certain volume of milk to a provincial milk board
    each day) and required massive efforts by the federal government in
    international trade negotiations to limit changes that would open up the
    market and reduce quota values.

    “Canada’s dairy policy is an example of a policy that may be ‘bad’ in
    economic terms but is quite successful in political terms and so is very
    difficult to change,” notes Stanbury.

    He argues that a political leader who seizes this issue and is able to gain
    sufficient political support to get into power and dismantle the system is
    necessary to bring about major reform.

    #2
    spelling- should have been excerpt and this should have been a reply to the last thread by dkelly.
    FB1

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