The Quebec Maple Syrup Producers is a government-sponsored cartel that controls some 70 percent of the world’s maple syrup supply and is sometimes compared to the Organization of the Petroleum Exporting Countries’ grip on oil.
Amid surging demand for syrup as more people cook at home amid the pandemic, the cartel has been forced to tap a whopping 50 million pounds of syrup from its strategic reserve.
“That’s why the reserve is made, to never miss maple syrup.
The French-speaking Canadian province produces more than 70 percent of the world’s maple syrup supply.
In 2012 thieves stole over 3,000 tons of Maple Syrup that was worth millions of dollars.
It’s not the first time Quebec Maple Syrup Producers’ strategic reserve has made headlines.
In 2012, thieves made off with more than 3,000 tons of maple syrup — worth some $19 million Canadian dollars — from the stockpile. »
