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.
35 Articles
35 Articles
Loblaw Warns of Surge in Tariff-Hit Food Products as Pre-Tariff Inventory Runs Out
The head of Loblaw Cos. Ltd. says the company expects a surge of tariff-related price increases at its stores as its pre-tariff inventory runs out. Chief executive Per Bank says that so far, the company has limited the number of tariff-hit products to a little over 1,000 but that within the next week or two it will rise to over 3,000, and could peak at over 6,000 within then next two months. He says in a LinkedIn post that it will still be a sma…
Maxi/Provigo Confirms Your Grocery Basket Will Cost Even More, and Here's Why
Loblaws, which owns Maxi and Provigo, launched a new logo on the price tags of approximately 1,000 products affected by the 25% tariffs imposed by Canada in response to those imposed by the United States last March. However, this number could triple in the coming weeks, or even reach 6,000 products within two months. Also read: Grocery stores must now display what is taxable and here is what it looks like This is what Loblaw President and CEO Pe…
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