Big financial hitBond has a mid-sized sugar-bush operation with about 12,000 taps — enough to service his sugar-shack customers and send some maple syrup to Citadelle, Quebec's largest co-operative of maple syrup producers. "The sugar shack was able to pay the expenses of the farm for March, April, May and June. Of those, 70 are members of the Quebec Maple Syrup Federation. Simon Trépanier, executive director of the Quebec Maple Syrup Federation, said 60 per cent of the province's maple syrup is exported to the United States. (Quebec Maple Syrup Producers)With record-high layoffs south of the border, consumers with a limited budget may think twice about buying maple syrup, which is what happened during the 2008 financial crisis.

Source: CBC News April 07, 2020 09:00 UTC