Canada's New Counter-Tariffs to Impact Food Sector Supply Chains
Ottawa’s 15%, 25% and 50% tariffs on more than 700 U.S. goods could raise grocery inflation by 0.3 percentage points, the Bank of Canada said.
7 Articles
7 Articles
Charlebois—Counter-tariffs are coming and so is more shrinkflation
Canada's latest counter-tariffs take effect today and Canadians should understand where the economic pressure will first be felt. Unlike last year, the initial shock will not necessarily appear on grocery shelves. This time, it will begin farther up the food chain, with importers, processors and man...
Whether or not they support the retaliatory measures decided by Mark Carney's government, they will have an impact on our portfolio.
Canada's New Counter-Tariffs to Impact Food Sector Supply Chains
As counter-tariffs come into effect on September 8, Canadian food processors and retailers brace for economic impacts. This article explores how these tariffs could lead to shrinkflation and affect consumer prices in the near future.
Customs duties of 25% or 50% will apply to products such as toilet paper.
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