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48°
Tuesday, nov 19
Tag:
Helene Normandin
Business
Maple Syrup Shortage Prompts Canada To Tap Into Half Of Its Strategic Reserve
Maple syrup producers in Canada are in a sticky situation, as a shortage has forced them to use a significant portion of their strategic reserve. Quebec Maple Syrup Producers has used almost 50 million pounds of syrup from its reserve, according to a report from Bloomberg. That accounts for nearly half of the reserve, the news outlet reported. Quebec Maple Syrup Producers reports that it represents 11,300 maple producers and regulates the production of maple syrup in the province. Quebec is the world's largest producer of maple syrup. CNN Business reported that …