Saputo CEO Suggests Canada Eliminate Class 7 Dairy Policy

Saputo CEO Suggests Canada Eliminate Class 7 Dairy Policy

Assessment

Interactive Video

Business

University

Hard

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The video discusses the ongoing trade tensions between Canada and the US over dairy tariffs, focusing on the supply management system in Canada and the introduction of Class 7, which has affected US dairy imports. Lino Saputo, CEO of Saputo, explains the impact of these changes on the market and trade negotiations, including NAFTA, CETA, and TPP. The discussion also covers market cycles, pricing, and the global operations of Saputo, highlighting how tariffs and trade tensions affect the dairy industry.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is Prime Minister Trudeau defending in the context of the dairy tariffs?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is Class 7 and how has it impacted the dairy industry in Canada?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the concerns of US dairy farmers regarding the Canadian milk supply management system?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How has Canada managed to maintain its milk supply management system despite trade negotiations?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the cyclical nature of the dairy market as discussed by Lino Saputo?

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