Industry: Milk
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Response: BCFIRB to B.C. Milk Marketing Board — Quota transfer assessments exemption request for nieces and nephews
BCFIRB responds to the BCMMB’s request to include nieces and nephews as exempt from quota transfer assessments. BCFIRB outlines that this significant policy change requires approval and suggests a more substantive request for a supervisory decision if deemed critical before the Quota Governance Review concludes.
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BCFIRB to B.C. Milk Marketing Board — General expectations for dairy quota governance supervisory review
BCFIRB outlined supervisory expectations to guide the B.C. Milk Marketing Board’s Dairy Quota Policy & Governance Review.
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BCFIRB to B.C. Milk Marketing Board — Dairy quota governance consultations
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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Letter: BCFIRB to BCMMB — Initiating a supervisory review of B.C. dairy quota governance
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
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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Decision: BCFIRB — Supervisory Review of BCMMB Accommodation Levy Policy
BCFIRB conducted a supervisory review of the BCMMB’s Accommodation Levy Policy to assess its alignment with sound marketing policy. The review concluded that the policy does not accord with sound marketing policy and directed the Milk Board to analyze the costs of the current system and engage interest holders in consultation.
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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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Follow-up: BCFIRB to B.C. Milk Marketing Board — Quota management in the dairy industry
BCFIRB reaffirmed 2005 Specialty Review principles on active farming, LIFO, and 10/10/10 transfer rules to prevent quota flipping. The Milk Board was invited to propose improvements.