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Approval: BCFIRB to B.C. Milk Marketing Board — Milk Marketing Board quota governance review — Graduated Entry Program (PDF, 229.8KB)
BCFIRB affirms that the BCMMB’s Graduated Entrant Program (GEP) rules, as outlined in the May 4, 2015 Notice to Producers, meet the conditions set in BCFIRB’s December 2014 conditional approval decision. The rules address “double dipping” by retracting GEP benefits if exempt family transfers occur within ten years.
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BCFIRB follow-up and conditional approval – GEP revisions in response to quota governance supervisory review (PDF, 224.8KB)
BCFIRB conditionally approved the Milk Board’s Graduated Entrant Program revision, requiring a 10-year prohibition on exempt family quota transfers to prevent “double dipping.” GEP recipients who breach this rule will lose all program benefits.
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Approval: BCFIRB to B.C. Milk Marketing Board — B.C. Milk Marketing Board quota governance review (PDF, 77.9KB)
BCFIRB approves the BCMMB’s recommendations on quota governance, including general quota allocation, quota exchange and whole farm transfers. BCFIRB requires further action on the Graduated Entrant Program to mitigate “double dipping” and defers consideration of extending quota transfer assessment exemptions to fall 2014.
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BCFIRB to B.C. Milk Marketing Board — Dairy quota governance consultations (PDF, 41.7KB)
BCFIRB commended the B.C. Milk Marketing Board for completing the first round of consultations in its Dairy Quota Policy & Governance Review.
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BCFIRB to B.C. Milk Marketing Board — General expectations for dairy quota governance supervisory review (PDF, 50.5KB)
BCFIRB outlined supervisory expectations to guide the B.C. Milk Marketing Board’s Dairy Quota Policy & Governance Review.
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Report: Economic Impact of B.C.’s Dairy, Chicken, Turkey, Hatching Egg, and Table Egg Industries — 2011 Update (PDF, 1.9MB)
PricewaterhouseCoopers LLP provides an analysis of the economic impacts of British Columbia’s supply-managed dairy, chicken, turkey, hatching egg, and table egg industries for 2011, highlighting contributions to GDP, employment, and tax revenues.
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Letter: BCFIRB to BCMMB — Initiating a supervisory review of B.C. dairy quota governance (PDF, 52.2KB)
BCFIRB initiates a supervisory review of dairy quota governance, focusing on the BCMMB’s ‘FIFO and 10/10/5’ policy change proposal and its alignment with provincial allocation policy.
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Directive: BCFIRB to B.C. Milk Marketing Board – Principles-based approach to LIFO and 10/10/10 quota allocation policies (PDF, 165.1KB)
BCFIRB directed the Milk Board to justify LIFO and 10/10/10 quota allocation policies using SAFETI principles, address underproduction, compare with Ontario’s non-transferable quota model, and ensure transparent, principled decision-making.
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Letter: BCFIRB to BCMMB — Quota management and governance update (PDF, 41.7KB)
This letter follows BCFIRB’s April 5, 2011, letter (which requested more analysis on the BCMMB’s FIFO proposal) and a May 19, 2011, response from the BCMMB. BCFIRB is now formally introducing its new principles-based regulatory framework, which it expects the BCMMB to apply to the FIFO issue.
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Letter: BCFIRB to BCMMB — Initial response to First In, First Out (FIFO) proposal (PDF, 58.5KB)
BCFIRB requests the B.C. Milk Marketing Board provide a more comprehensive analysis for its proposal to change quota transfer rules from LIFO to FIFO, citing policy and new entrant concerns.