The authors here argue that government policies helped to bring about a boom in the Canadian beef industry, but these policies also contributed to the industry's vulnerable structure, which then led to financial chaos with the discovery of BSE in Alberta in 2003. The paper describes the genesis...

The objectives of this paper are (a) to estimate the overall losses to the beef industry in Canada from BSE by identifying and estimating the increased costs and reduced revenues to the industry from May 2003 to September 2007; and (b) to assess the extent to which compensation paid by federal and...