Yes, I think you're correct in saying that NS was the only province to allow leasing... I don't know why because it makes a lot more sense to lease and move quota around to match production that it does to be buying and selling all the time in a pool so small that when you sell it... you will never, ever get it back. Leases are private here and month to month. I'm not milking anymore so I don't keep up on all the details but I do know that the thieves did finally release the non-saleable quota recently... somebody of the SOMEBODY's probably had such a poor equity position that a lender was about to pull the plug... so reissue the ownership to shore up their balance sheet. If they were smart they'd remove the cap and let nature take it's course.... The fat heads would soon gorge themselves and burst... then you might see some cheap quota for the rest.
I think there was around 220 active in NS 4 years ago when we got out. Probably down around 200 by now if the same regression has continued...
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