Canada Trade Minister Says Supply Management Won’t Kill TPP Deal

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Canada must seize the once-in-a-generation opportunity to join the Trans-Pacific Partnership trade pact and can’t let its protected dairy and poultry sectors stand in the way, Trade Minister Ed Fast says.

Fast said his country faces pressure to make changes to the regime of quotas and tariffs known as supply management, which protects five industries -- dairy, eggs, chicken, turkey and hatching eggs. However officials are seeking a balance in negotiations that will deliver benefits across every region and industry, the minister told Bloomberg News on Thursday in an editorial board interview in Toronto.