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Facing shortages, Canada taps its strategic reserves of maple syrup - CNN
Nov 28, 2021 24 secs
The Quebec Maple Syrup Producers, a leading trade group, said it is releasing roughly 50 million pounds from its strategic maple syrup reserves, almost half of the stockpile, Bloomberg first reported.

The government-supported organization, which is often called the OPEC of maple syrup, uses its reserves to control syrup prices and supply.

As of 2020, Quebec produced 73% of all maple syrup in the world, and its biggest customer by far is the United States, which accounts for around 60% of Canada's export volume.

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