Sunday, January 15, 2023

SUPPLY MANAGEMENT WORSENING INFLATION'S STING

   If you’ve been to a grocery store lately, you know just how difficult it’s getting to afford everything you need to put on the table. Whether it’s bread, meat, vegetables or anything else, inflation is making life less affordable.
  However, while the price of everything is going up thanks to many different factors (tax increases, supply chain issues, government printing more money, etc.), there are a few products that you’re paying too much for – with no good reason.
  In Canada, the government sets prices for dairy products, turkey and some types of chickens and eggs. At the same time it keeps supply artificially low by approving how much each farmer can produce while imposing large tariffs on imports. The government has essentially removed competitive forces, resulting in higher prices for consumers as a result.

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