What is Supply Management?
The supply management system has three pillars: – managing production (quotas) – import controls (trade barriers and tariffs) – cost of production pricing The supply managed commodities are generally stable, enable producers to receive prices that guarantee a reasonable rate of return and normally do not require public subsidies. This stability is also good for other parts of the food chain and allows a better distribution of the consumer dollar from producer to retailer. Canada and subsequently Nova Scotia’s supply management system has ensured the viability of the egg, chicken, turkey and dairy industries.
