Canada Supreme Court and NAFTA 2.0 talks

The Canadian Supreme Court will release a decision April 19 that could lead to dismantling of Canada's supply management system of tariffs, quotas, and price controls that protects Canada's dairy, egg, and poultry producers.The Supreme Court of Canada Friday said has reached a decision on the legal issue and some say it does not affect Canadian dairy, egg, or poultry policy. But Canadian supply managed producers fear it could be the beginning of the end of a system the 2018 U.S. Trade Representative's Foreign Trade Barrier Report says “limits the ability of U.S. producers to increase exports to Canada” and “inflates the prices Canadians pay for dairy and poultry products.”The underlying case is linked to beer, but Canadian dairy and other producers were concerned enough to file a joint submission to the court that argued the impacts a ruling could have on supply management programs for those products.