Home Videos How Canada Helps Its Dairy Farmers (And Why Trump Hates It)

How Canada Helps Its Dairy Farmers (And Why Trump Hates It)

2 min read
35
86



Canada’s dairy industry brings over 220,000 jobs and nearly $20 billion to the country’s GDP. But the system has been a target in many trade negotiations, especially the recent USMCA negotiations.

Since the 1960s Canada has used a supply management system to bolster its dairy farmers against foreign trade and the risk of overproduction. Canada has defended the system, but it is frequently targeted by other countries, and also President Donald Trump, during trade negotiations. Watch this video to learn more.
» Subscribe to CNBC: http://cnb.cx/SubscribeCNBC

About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: http://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC
Follow CNBC News on Google+: http://cnb.cx/PlusCNBC
Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC

#CNBC

How Canada Protects Dairy Farmers (And Why Trump Hates It)

source

35 Comments

  1. zeyuan liu

    October 23, 2019 at 7:16 pm

    Socialist system

    Reply

  2. parthasarathy r

    October 24, 2019 at 8:40 am

    KUDOS ✌ CANADA
    FROM – INDIA

    Reply

  3. John Hill

    October 25, 2019 at 2:55 am

    A central planned economy existed already and it worked great. It was called the Soviet Union/North Korea/Cuba and they are doing really well. Keep it up Canada and someday you will be thriving just like them. Nice Job CNBC. What a centrist perspective.

    Reply

  4. theking8356

    October 27, 2019 at 4:21 am

    Well dang, do we ever do anything right?

    Reply

  5. prodigy aussie

    October 28, 2019 at 4:47 am

    Why does Canada seem so good

    Reply

  6. imascreamingtiger

    October 29, 2019 at 4:10 am

    I hope we keep taking care of our farmers. Mad respect for all my fellow Canadians.

    Reply

  7. Herb Bowler

    October 30, 2019 at 4:29 am

    And how many deaths are caused by dairy

    Reply

  8. bel pet

    October 31, 2019 at 12:10 pm

    I go to university in Wisconsin. In one psych class we were told specifically that dairy farmers are at a very very high risk of suicide. That's how bad of shape dairy is in right now.

    Reply

  9. Dennis Huang

    November 4, 2019 at 6:32 am

    So much market manipulation some may called it socialism….😂😂😂

    Reply

  10. Kevin Girdler

    November 5, 2019 at 2:14 am

    We don’t want your dirty milk 🥛

    Reply

  11. Mohit Kumar

    November 7, 2019 at 5:24 am

    And this ladies and gentlemen is what Socialism sounds like.

    Reply

  12. mike askme

    November 8, 2019 at 11:34 am

    So Trump got .24% increase and some how he won, wow.

    Reply

  13. Pretty Boy Pete.

    November 9, 2019 at 4:49 am

    Who cares,. I only drink almond milk.

    Reply

  14. Lord Megatron

    November 9, 2019 at 9:22 am

    What, are you telling me our agricultural system is better run than the American's is? That's shocking. So shocking, in fact, that I might have to head over to the clinic down the street and have a doctor examine me for free, after which I'll say thank you and be on my merry way.

    Reply

  15. The Lycians

    November 9, 2019 at 6:35 pm

    Milk is expensive in Canada

    Reply

  16. Don Crap

    November 14, 2019 at 11:59 pm

    The American farmer mentality………..I am losing money on every gallon of milk I produce, I know, let’s raise more and make it up in volume.

    Reply

  17. Darryl Waites

    November 17, 2019 at 2:31 pm

    Mexico's milk is awesome as their food is also. US and Canada should take note.
    When your there for a week or so you actually become healthy and still haver some money left in your pocket.

    Reply

  18. small potato

    November 18, 2019 at 5:14 am

    thanks america for screwing over are dairy farmers

    Reply

  19. Human Inc.

    November 19, 2019 at 11:01 am

    How can you ever waste mike? Turn it into cheese or what not.

    Reply

  20. Raya

    November 20, 2019 at 3:55 am

    Trudeau's Quebecer farmers are getting subsidized on the backs of the people

    Reply

  21. Hona Wikeepa

    November 27, 2019 at 8:02 pm

    CNBC is fake news.

    Reply

  22. alex hernandez

    November 28, 2019 at 5:26 pm

    I've been a farmer here in South Florida for 27 years and the last three years has been the greatest years of my life thank you President Trump #trump2020

    Reply

  23. winnileesboy

    November 29, 2019 at 2:27 am

    I paid $3.79 for 2l of chocolate milk today
    1 gallon of white mile at my friend's super wal mart, she can get 1 US gallon for $0.49

    Reply

  24. winnileesboy

    November 29, 2019 at 2:28 am

    The US has walfare cheese

    Reply

  25. J B

    December 3, 2019 at 2:24 am

    Milk is gross…no matter where it comes from, you can drink all the puss and blood it contains. I'm no baby cow either so not for me even if I liked it!

    Reply

  26. xACE TKOYx

    December 4, 2019 at 12:32 am

    Somehow Canada always wins.

    Reply

  27. madmike madmike

    December 4, 2019 at 1:08 am

    at $7 dollars for 4 liters of milk in New Brunswick there should be a police investigation into that kind of price fixing.

    Reply

  28. Scott Wesley

    December 10, 2019 at 8:42 pm

    WOW! CNBC is promoting our Canadian system of communist dairy and poultry production. Consumers hate this communist system here. Did Communists take over CNBC??????? As a Canadian, I can tell you not to listen to this communist propaganda.

    Reply

  29. jodyshuaige

    December 11, 2019 at 4:03 pm

    trump again, only make trouble no productivity

    Reply

  30. Larry Woodruff

    December 13, 2019 at 4:09 pm

    American's don't drink milk, just soda pop and energy drinks.

    Reply

  31. SamDM1

    December 23, 2019 at 7:14 pm

    I don’t want American dairy, full of growth hormone and antibiotics.

    Reply

  32. AndyGinterBlues

    December 24, 2019 at 6:09 pm

    My family raised milk goats until our farm was foreclosed on, in the 1990's. Goat's milk here in the States is selling at premium prices. I am almost contemplating getting back into it. Last time I was in Ontario, all cow's milk was being sold in plastic bags. I have never seen milk sold this way in the States, but it's a good idea.

    Reply

  33. Agent Smith

    January 12, 2020 at 1:55 pm

    Subsidies = business welfare

    Reply

  34. Ruban Raj Kumar Ganesan

    January 12, 2020 at 2:09 pm

    I will let you guys in on a point to ponder when the Capitalistic preachers repeat their first commandment.

    " Dont like the capitalist system? Why dont you go live in Russia or China than."

    Free Capitalism today has reached porportions where unchecked it is a disease. Any moves to keep it in check will be met by these capitalistic trolls with commandments like the above.

    Open your borders Canada, let the rivers of milk flood in.

    What will happen next is as follows..

    1. Your local industry will die out. Out competed and lost to a better system they will say.

    2. The American companies will either raise more money from the markets and expand their business to a larger unsusumtainable level in the name of growth and expansion. They will flood the market and start buying out the smaller dying companies and at the end only 2 or 3 monopolies are left. Than the price will start sky rocketing because the need to maintain the company that sprawls over a continent needs to maintain its supply chain.

    Or the opposite, they will all move to Canada from America and flood american markets with milk, and rural america will wake up and wonder what happened to the millions of farming and diary industry jobs.

    3. After all the above is done, they will be complaining of tarrifs and protected markets of the EU and be dumping half their production into the drai s ajd rivers due to oversupply. Back to square 1.

    Over and over until every rural community, until every small business, until every local industry is squeezed out dry, ruined and destroyed all so that corporate shareholders enjoy a stiffy looking at constant quarterly profits and sharemarket hitting neqer highs.

    This is the new canibalistic capitalism.
    Its just as bad as communism.

    Keep preaching about the ills of communism while ignoring the middle class thats going extinct.

    Reply

  35. beto151177

    January 12, 2020 at 10:58 pm

    If we have so much why is it almost 4 dls a gallon?

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Corona treft Bitcoin: 'Enorme vrije val!' – CRYPTO-UPDATE

Het coronavirus heeft ook een negatief effect op de koers van de Bitcoin. Analist Madelon …