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Loblaw warns of surge in tariff-hit food products

  • Loblaw Cos. Announced on May 14, 2025, that tariff-related price increases will rise sharply at its Canadian stores as pre-tariff inventory runs out.
  • This surge follows Canadian government counter-tariffs on about $60 billion of U.S. Goods, imposed in March and adjusted in April to ease burdens on companies and consumers.
  • Loblaw currently marks more than 1,000 tariff-hit products with a “T” symbol, expecting that number to exceed 3,000 within weeks and potentially 6,000 in two months, affecting categories like natural foods and pantry staples.
  • Chief executive Per Bank stated that although tariff-affected products represent only a minor portion of the company's extensive inventory, shoppers will begin to see noticeable changes across various product categories. Experts also observe that the impact of tariffs is increasingly evident on grocery store shelves.
  • The situation suggests ongoing price pressures for consumers, though recent government policy adjustments and Loblaw’s transparency may help reduce frustration as the tariff landscape evolves.
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The Hamilton Spectator broke the news in Hamilton, Canada on Wednesday, May 14, 2025.
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