Canadian Unity Grows Amidst US Tariff Tensions
In response to newly imposed U.S. tariffs, Canadian businesses are emphasizing domestic sourcing. Loblaw Companies Ltd. plans to increase its procurement of Canadian-grown and -made food, while also exploring Mexican alternatives. Shopify intends to incorporate features promoting local purchases within its Shop app for Canadian, U.S., and Mexican markets. These actions follow President Trump’s announcement of 25 per cent tariffs on Canadian goods, met by Canada’s own retaliatory tariffs totaling $30 billion initially, set to rise to $125 billion.