Canadian dairy producer Saputo would consider the abandonment of the Dairy Farmers of Canada’s supply management system as a business opportunity in light of North American Free Trade Agreement (NAFTA) negotiations, confirmed CEO Lino Saputo Jr. at their shareholder meeting in Laval on Tuesday.
Assuming Canada will remain in favour of the supply management system, Saputo Jr. argued that Canadian factories could operate at 100 per cent capacity if they could source American milk, which he said they would like to do.
The CEO said he’s “shared his vision” with elected officials, but added he hasn’t done any lobbying or gotten involved in policy.
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