OTTAWA — The price of Canadian cheese — along with butter, yogurt and ice cream — is going up.
The Canadian Dairy Commission (CDC) is increasing the price of industrial milk, used to make products such as cheese and ice cream, by 2.2 per cent effective Feb. 1, 2016.
“Canada’s antiquated supply management system has created a huge disparity between Canada and the rest of the world when it comes to the price of basic dairy products like cheese and butter,” says Donna Dooher, president, CEO, Restaurants Canada. “Our industry wants to grow the market for Canadian dairy products, but relentless price increases are having the opposite effect.”
Restaurants Canada reports that last year’s one-off price reduction of 1.9 per cent was passed on to dairy processors but was not passed along to restaurateurs or consumers.