, widely regarded as the OPEC of the syrup game, made the call to release half of its emergency reserve after they noticed this year's supply was already down by approximately a quarter. The first time in three years that the group has decided open up the reserves, QMSP has freed up 22 million kilograms of maple syrup.
“That’s why the reserve is made, to never miss maple syrup. And we won’t miss maple syrup!" QMSP’s Helene Normandin said in a statement. According to QMSP, an increased demand and shorter harvest is what led to the syrup shortage which is no doubt a result of a variety of factors including climate change, the pandemic and sugar-stealing. With Quebec alone being responsible for three quarters of the world's maple syrup production and demand increasing 36% each year the need to free up some of Canada's liquid gold was abundantly clear.
Perhaps the only thing more Canadian that hockey, Celine Dion and being excessively polite, it makes sense that the country would want to ensure that the one of its most iconic exports didn't run dry. On the flip side of that, the news that Canada has an emergency maple syrup reserve did strike some outside observers as a little absurd.
MY CANADIAN FRIEND: Why do Americans think Canada is all maple syrup?! \n\nME: *texts him these two headlines*pic.twitter.com/fWXtOBlDK3— surfacage / msq done Photo via Getty/ Mert Alper Dervis/ Anadolu Agency
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MTA Workers on Being Lured Back From RetirementAs ridership rebounds, the MTA is luring back recent retirees, offering up to $35,000 in wages and overtime for one last three-month stint. ValeRicciulli spoke with two people who accepted about why they came back
Source: NYMag - 🏆 111. / 63 Read more »
Here's a list of favored dividend stocks with room to pay more for investors worried about 2022The benefit of dividend stocks is obvious to investors who need current income, but it may also be soothing for any investor to be paid to wait if the market is weak for a while. Here's what to look out for:
Source: MarketWatch - 🏆 3. / 97 Read more »
XSet Names Veteran Steve Birkhold Chief Merchandising, Licensing OfficerXSet has tapped Steve Birkhold, who has over 30 years of experience as ceo of Diesel, Lacoste, Bebe and at denim brands at VF Corp.
Source: wwd - 🏆 24. / 68 Read more »
Kanye West, Sinead O’Connor, TikTok Documentaries to Premiere at Sundance 2022Several music-related documentaries are in the mix at Sundance 2022, including films centered around controversial pop icons Kanye West and Sinead O’Connor. ‼️‼️ This is a historic moment!
Source: billboard - 🏆 112. / 63 Read more »
Highest U.S. inflation in nearly 40 years will force Federal Reserve's handThe highest U.S inflation rate in nearly 40 years seen in Friday's November CPI data, will prompt the Federal Reserve to begin raising its benchmark... Oh No !. This tells everything about how horrible president Joe Biden is. The U.S. Inflation hits 6.8% highest since 1982 and very soon will go into hyperinflation with other words this is a financial catastrophe! Why the media is quite about a financial catastrophe Because of Joe Biden
Source: MarketWatch - 🏆 3. / 97 Read more »
U.S. to sell 18 million bbls of oil from reserve on Dec 17The U.S. Department of Energy said on Friday it will sell 18 million barrels of crude oil from its strategic petroleum reserve (SPR) on Dec. 17, as part of a previous plan to try to reduce gasoline prices. This is the blood of Iraqi, Libiya and Siriya children.
Source: Reuters - 🏆 2. / 97 Read more »