Quebec’s maple syrup industry in sticky standoff

By Staff | September 24, 2014 | Last updated on September 24, 2014
1 min read

A group of Quebec maple syrup farmers say they’ll take their fight to deregulate syrup production and sale to the Supreme Court if necessary, reports the Globe and Mail.

Last week the Quebec Superior Court ruled the province can continue to control how the product is sold outside its borders.

But some producers want the right to sell their products as they see fit—and want to end what they see as cartel-like control of the industry.

Read: Outlook strong for agriculture sector

There are currently 7,500 provincial syrup producers, who produce syrup according to quotes from the Federation of Quebec Maple Syrup Producers. Any extra goes into a strategic reserve. The Federation says this system guarantees a good price for the product. Any producer who disobeys could be raided.

Read more here.

Also read:

What are the strangest tax deductions?

Big dreams, low risk appetite staff


The staff of have been covering news for financial advisors since 1998.