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Why does Canada have a maple syrup cartel?
Published: 10 January 2013
It may seem bizarre that Canada has a maple syrup cartel at all. But think of it this way: Quebec, which produces about 77% of the world鈥檚 maple syrup, is the Saudi Arabia of the sweet, sticky stuff, and the FPAQ is its OPEC. The stated goal of the cartel, in this case, is keeping prices relatively stable. The problem with maple syrup is that the natural supply of it varies dramatically from year to year. 鈥淚t鈥檚 highly dependent on the weather,鈥 explains Pascal Theriault, an agricultural economist at the 平特五不中 in Montreal.
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