While there's a surge in consumer support for Canadian goods amidst trade tensions, experts warn that the simplicity of 'buying Canadian' is often misleading. Many products labeled 'Made in Canada' rely on complex North American supply chains, and limiting purchases to purely Canadian goods can create challenges due to Canada's agricultural limitations. The story explores the nuances of this issue, highlighting the potential impact of tariffs on both consumers and producers.
But for the most part, their focus is on Canadian goods which make up more than 90 per cent of the store, Naraine estimates. He says he’s seen a real interest in supporting local in the face of threatened tariffs from U.S. President Donald Trump.
But as tariffs loom and consumers rally behind “buying Canadian,” experts warn that doing so is not always as simple as it sounds. “Our local community have come out in droves to make sure their putting that extra dollar back into the local economy as well as the local makers,” he said inHowever, he acknowledges that locally made goods often come with higher price tags. Though he cautions against price gauging customers, many of his products are made in test kitchens in Toronto.
With a potential trade war in just a few weeks, Lemarie estimates leafy greens could be one of the first grocery items to rise in cost due to disrupted supply chains.Customers shop for produce at T&T Supermarket's location in Toronto's Fairview Mall, Friday, Nov. 28, 2024.
Economy Trade TARIFFS CANADIAN GOODS SUPPLY CHAINS FOOD SECURITY BUY LOCAL
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