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Over the past 30 years, however, that has not been the case. We are a long way off producing the maximum we could as a country because the Irish dairy industry has been held back to a significant degree by the EU quota regime introduced in 1984 which imposed limits for milk production on every country. Those of you who are old enough will remember how this came about. Ireland joined what was then the EEC (the European Economic Community) in the early 1970s, and the big attraction for us was the Common Agriculture Policy which gave farmers a huge market and guaranteed prices for milk and some other products. The intervention system meant that if the market price dropped below a set level the EEC intervened and bought up the surplus. The result was an explosion in milk production across Europe -- and especially in Ireland -- and the intervention system led to the notorious "butter mountains" in cold storage. And it wasn't just dairy produce. You may remember there were also "wine lakes" and "beef mountains" at the time. Much of this was eventually dumped on world markets which was not good for farmers in developing countries. But the big problem in Europe was that the intervention system was costing European taxpayers so much it became unsustainable. To stop the CAP collapsing altogether EU farm policy switched to a quota system to limit production, eventually coupled with a system of direct income payments to farmers.

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Doubling defence spending wouldn’t move Canada higher among NATO’s ranks: study Even were Canada to double its spending on defence, it would not change its rank as the sixth-largest spender in NATO, according a new report. In terms of actual dollars spent on defence Canada is ranked sixth among NATO’s 28 member nations, behind the U.S., France, U.K., Germany and Italy. It would remain in sixth place if it added $20 billion a year to the defence budget, according to the Stockholm International Peace Research Institute, which monitors worldwide defence spending. That increase would, however, see Canada move from 16th-largest defence spender in the world to 12th largest, according to the report compiled last month. Canada is under pressure from U.S. President Donald Trump to increase its defence spending to two per cent of gross domestic product. Meeting that target would require the military budget to double to $40 billion annually. That push is supported by pro-defence analysts and think-tanks in Canada. The Senate’s defence committee also recently issued a report calling for such an increase, citing the need for new equipment, including a $50-billion fleet of 12 submarines. The Liberal government has promised more defence dollars when it unveils its new defence policy on June 7. But Prime Minister Justin Trudeau said Thursday that Canada’s NATO contribution is more than just money. “The work we’re doing on NATO — the presence we have in global issues in general — has been recognized and supported by the United States, and we continue to work very closely with our American partners to ensure that we are having, individually and collectively, the right impact around the world,” Trudeau said Thursday at a NATO summit in Brussels.

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