Canada releases 50 million pounds from maple syrup reserve amid global shortage

The Biden administration is trying to reign in gas prices by releasing oil from the US strategic reserve — but a different sticky supply situation north of the border has spurred Canadians to tap their emergency stockpile of maple syrup amid a major shortage of the sweet stuff. The Quebec Maple Syrup Producers is a government-sponsored cartel that controls some 70 percent of the world’s maple sy-- More...rup supply and is sometimes compared to the Organization of the Petroleum Exporting Countries’ grip on oil.