Why Canada has a strategic reserve of maple syrup, 20 times more valuable than oil

Shortly after several countries, led by the United States, announced the release of part of their strategic oil reserves to reduce pressure on energy markets, Canada decided to give up another type of strategic reserve, unique in the world and much more sweeter than oil: maple syrup. The Quebec Maple Syrup Producers Federation (QMSP) in Canada has announced that it will release about 22,000 tonnes of its global strategic maple syrup reserve to prevent its scarcity in the market. READ MORE Why meat remains so expensive in Brazil even with a drop in exportsThe cough syrup that created a generation of drug-dependent youths and was banned in Nigeria The combination of increased demand in the last two years and reduced harvest compared to previous years had raised fears of possible problems in the supply of syrup, made with maple sap and used as a pancake topping. Unusual phenomena such as early thaw and high temperatures in April in Canada contributed to this year's production being ...