USA Trade war.

[suntan]

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The Canadian diary cartel pisses me off. I never liked cheese much, overpriced crap. Went to Europe, so much more selection with shit that tastes 100x better at 1/4 of the price. Most people just don't know any better I guess.

Wow, am I reading the tariff correctly? 245.5% on the overallottment for cheese? ROFL.

[rage2]

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Wow, am I reading the tariff correctly? 245.5% on the overallottment for cheese? ROFL.

Yup. Canadian cheese is so ridiculously high priced here, it was cheaper for Pizza restaurants to buy retail "pizza kits" from the US that contained mozzarella cheese and pepperoni than to buy local cheese because they were classified as food prep and duty free. At least till CBSA closed the loophole.

How fucked is that, cheaper to import retail cheese packages from US than to buy wholesale cheese here as raw ingredients.

edit - fun read. https://www.theglobeandmail.com/repo...ticle16012293/

[suntan]

I knew it was high, I didn't realize it was THAT high, just LOL.

I love how protectionist the Canadian parties are.

[ExtraSlow]

No political party has the balls to stand up the dairy cartel.

Owning milk quota is pretty lucrative too. It's like owning taxi licenses, except there's no uber swooping in to destroy that business model. Canadian dairies that accidentally make too much milk (by having a good year) have been known to dump it into the sewer if they can't somehow purchase additional quota from someone.

[HiTempguy1]

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No political party has the balls to stand up the dairy cartel.

Bernier tried. Wish he was conservative leader, but look what trying to do something about it did. That was some shady business.

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How fucked is that, cheaper to import retail cheese packages from US than to buy wholesale cheese here as raw ingredients.

It's the same deal with gasoline.

[ZenOps]

Ketchup is a strong indicator of where tariffs will eventually head. Warren Buffet knows ketchup, Trump knows ketchup.

As to why billionaires like ketchup on their burgers and steaks is somewhat of a mystery. Ketchup seems to be more valuable than caviar.

[ExtraSlow]

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It's the same deal with gasoline.

but with gasoline, it's because of easy to understand and mostly transparent taxes, not the hidden actions of supply reduction and farmer coercion.

[HiTempguy1]

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but with gasoline, it's because of easy to understand and mostly transparent taxes, not the hidden actions of supply reduction and farmer coercion.

Nope. You can literally import and resell gasoline cheaper from the USA, taxes all in.

As with most things in Canada, industry has us pay more because we will pay more, and the ability to compete with current fuel distribution companies is difficult. There is a reason why there are so many "no-name" or "non-franchise" gas stations in the USA, because it is a more competitive market.

[ExtraSlow]

Are you saying if I had a tanker truck full of regular unleaded purchased at retail in montana, and I paid all provincial and Canadian federal taxes on it, my costs would be less than buying wholesale here in Alberta? That surprises me.

[HiTempguy1]

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Are you saying if I had a tanker truck full of regular unleaded purchased at retail in montana

Possibly. But no, wholesale to wholesale, why would I be talking retail?

[ExtraSlow]

Because that's what rage2 said was possible with cheese. And you said it was the same with gasoline.

[Buster]

People who don't want Canadians to continue getting gouged on cheese: Donald Trump

People who want Canadians to get gouged on cheese: Justin Trudeau.

lol crazy world.

[Sugarphreak]

...

[Buster]

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There is more depth to this issue than that. I am not a fan of the dairy cartel in Canada, but I also recognize that US farmers/producers are massively subsidized to the point where they can basically flood the market with artificially cheap product

No it isn't more complicated than that.

If the US gov't wants to subsidize Canadian consumers, then the Canadian consumer wins. It's a transfer of wealth from the US taxpayer to the cheese-eating Canadian. Bring it on.

[tonytiger55]

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There is more depth to this issue than that. I am not a fan of the dairy cartel in Canada, but I also recognize that US farmers/producers are massively subsidized to the point where they can basically flood the market with artificially cheap product

Maybe the product itself is artificial too..? Or they have low dairy standards...

[dj_patm]

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Possibly. But no, wholesale to wholesale, why would I be talking retail?

Unlikely in the west. Gas supply is pretty balanced and refiners give big discounts to Wholesalers. Once you get your CBOB up to spec and transport it here, you wont have much room left. I think you see marginal imports of gas on the west coast since marine from Washington to BC is cheap but its very small volume. You see a lot more gasoline being imported into the Ontario and Quebec where there is a big short, not really are cartel thing though like the dairy producers, its short cause no one wants to build a refinery.

[Sugarphreak]

...

[dirtsniffer]

I hate the fucking dairy cartel. So many delicious European cheeses we can't fuckinh dat because of the quotas

[ExtraSlow]

Okay, yeah, the amount of cheese in the average Americans diet is high, and so is thier BMI, but this dairy cartel seems like a pretty oblique healthcare strategy.

[Darell_n]

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I hate the fucking dairy cartel. So many delicious European cheeses we can't fuckinh dat because of the quotas

Quotas or our requirement for pasteurization that many European cheeses don’t have?