(Jul. 15/16) The Canadian Dairy Commission has announced industrial milk prices will increase by 2.76% on Sept. 1, which will mean higher prices for cheese, yogurt, ice cream and butter. This is the second price increase in seven months, coming on top of a 2.2% increase that took effect on Feb. 1.
Restaurants Canada opposed this price increase when we met with the CDC in June. We warned that Canadian dairy prices are already among the highest in the world, and dairy is being priced off the menu. We need to stop the trend of ever-increasing industrial milk prices, and work together to grow the market, an outcome that would benefit everyone.
This latest pricing announcement is another example of how the outdated supply management system does not work for producers or end users. Restaurants Canada delivered this message in several media interviews, and will continue to share it with government.
Restaurants Canada members: If you have questions about dairy prices or supply management, please contact Pierre Cadieux, Vice-President Federal and Quebec at email@example.com or Paul McKay, Manager, Member Engagement at firstname.lastname@example.org.
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