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Calculating YOUR CARBON Footprint Calculating ... - ClimateCHECK

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Supply management credited<br />

for keeping food prices low<br />

Canada’s supply management system<br />

is being hailed as one of the reasons<br />

food prices for such staples as<br />

milk, poultry and eggs, have<br />

remained stable.<br />

A recent Toronto Star article cited<br />

a Statistics Canada report stating<br />

Canada’s food price inflation has<br />

remained relatively stable at 1.2 per<br />

cent, even though the price of grain<br />

has soared on world markets.<br />

The article also pointed out only<br />

two per cent of the price for a box of<br />

cereal represents the cost of the<br />

grain. The rest pays for things like<br />

packaging, advertising, processing<br />

and shipping.<br />

A rising loonie, which makes<br />

importing food like fruits and vegetables<br />

cheaper, was also credited<br />

with helping offset higher food<br />

prices.<br />

MilkPRODUCER | July 2008 | 17

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