Watson: Time to stop milking consumers

Scrolling through some data the other day — it’s the sort of thing we economists do — I ran across a number that struck me. It was on the website of the Canadian Dairy Information Centre, in their historical statistics section. In 2013, the latest year listed, Canada produced 78.2 million hectolitres of milk.

Ottawa plans compensation for farmers to blunt impact of trade deal

The federal government is preparing a financial compensation package for Canadian dairy and poultry farmers as a way to blunt the impact of signing onto a massive Pacific Rim trade deal which could allow a surge of agricultural imports from other countries, sources said.