What We Can Learn About Open Markets From Wine and Wheat

Agriculture, Commentary, Frontier Centre, Marketing Boards, Rural, Saskatchewan, Trade, Worth A Look

Canadian history is filled with tales of protected industries destined for oblivion because of free trade, foreign threats or lost subsidies. But the worst-case scenario rarely plays out as predicted. Consider two prominent examples from the past quarter-century: the advent of free trade for Ontario’s wine industry and the end of the subsidized freight rates for Western grain farmers. In both cases, disaster was predicted. Yet both sectors adapted and emerged stronger.