Quebec’s maple syrup producers’ association head has announced that the province’s strategic syrup reserve is now empty due to soaring demand. Luc Goulet, president of Québec Maple Syrup Producers, emphasized the necessity of government assistance to support industry growth.
Maple syrup production is heavily influenced by weather conditions, leading the producers’ association to establish a reserve to maintain stable prices and supply. Recent surges in sales have depleted the reserve, with commercial customers in the U.S. stockpiling syrup last year amid fears of potential tariffs.
Goulet expressed concerns that without a buffer, the industry risks losing customers during periods of unfavorable weather conditions, referencing past market losses in 2007 and 2008 due to stock shortages. Despite the challenges, Quebec maple syrup continues to gain international market share, with exports seeing steady growth in recent years.
Acknowledging the positive problem of high demand, Goulet believes there is untapped potential in Quebec’s maple groves for further industry expansion. He called for increased investments from Quebec City and criticized the lack of government support, emphasizing the need for financial aid to boost production and explore new export markets.
Louis Turenne, president of the Maple Industry Council, highlighted the industry’s concentration in Quebec, where over 70% of North American maple syrup production is based. The sector significantly contributes to the province’s economy, generating billions in GDP and employing thousands of workers.
Turenne stressed the importance of diversifying export markets beyond the U.S., aiming to reduce dependency on a single market. While the industry faces challenges, there is optimism for growth and development with the right support and strategies in place.