Supervisory Review: Dairy Quota Governance (2012-2015)
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Directive: BCFIRB to B.C. Milk Marketing Board – Principles-based approach to LIFO and 10/10/10 quota allocation policies
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
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
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.
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Letter: BCFIRB to Supply Managed Boards — Quota management issues and new entrant collateral
BCFIRB raises concerns that the declining quota transfer assessment (established during the Specialty Review) is harming new entrants’ ability to use quota as collateral.
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Letter: BCFIRB to Supply Managed Boards — Direction on principles and procedures for distribution of national allocations
BCFIRB outlines the requirement for marketing boards and commissions (BCBHEC, BCMMB, BCCMB, BCTMB, BCEMB) to establish clear principles and criteria for distributing national allocations.
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Letter: BCFIRB to BCBHEC, BCMMB, BCCMB, BCTMB, BCEMB — Suggested Response Framework for Principles and Procedures for Distribution of National Allocations
Following its December 2007 directive, BCFIRB provides a suggested framework, based on the 2004 Regulated Marketing Economic Policy, to assist supply-managed boards in developing their quota allocation principles.
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Letter:BCFIRB to supply-managed boards — Direction on declining transfer assessment for all quota
BCFIRB directs the five supply-managed boards to apply a declining transfer assessment schedule to all classes of quota, including mainstream. This followed its September 1, 2005 directions on new entrants and specialty production.