GZERO North

Canada’s maple syrup reserve is pancaking

Bottles of blueberry and strawberry maple syrup displayed at a maple syrup farm in Mount Albert, Ontario, Canada, on March 05, 2022.
Bottles of blueberry and strawberry maple syrup displayed at a maple syrup farm in Mount Albert, Ontario, Canada, on March 05, 2022.
Reuters

Maple syrup connoisseurs on both sides of the border take note: Canada’s strategic maple syrup reserve has reached a 16-year low.

The Quebec-based facility is designed to hold 133 million pounds of maple syrup, but in 2023, levels fell to 6.9 million pounds — the result of increased international demand and warmer springs associated with a changing climate.

However, there are — thankfully — no immediate concerns about supply shortfalls or a rise in prices, and this spring’s harvest is so far going well. GZERO will keep you on top of this sticky situation.

More For You

Mastercard Economic Institute's Outlook 2026 explores the forces redefining global business. Tariffs, technology, and transformation define an adaptive economy for the year ahead. Expect moderate growth amid easing inflation, evolving fiscal policies, and rapid AI adoption, driving productivity. Digital transformation for SMEs and shifts in trade and consumer behavior will shape strategies worldwide. Stay ahead with insights to help navigate complexity and seize emerging opportunities. Learn more here.