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Canada’s Grocery Crisis Deepens | Toronto News
Canada’s grocery prices keep climbing—up 3.1% year-over-year, marking the 18th straight month of faster food inflation. Complicating matters, the U.S. is set to impose a 50% tariff on $20 billion in Canadian goods—including dairy, booze, car parts, honey, cement, furniture, and even hockey sticks—if no trade deal is reached by August 19. While the U.S. bears the initial brunt, experts warn American companies may pass costs onto Canadians through higher prices on imported goods like car components or everyday items made with plastics. This comes at a brutal time for many Canadians already…
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