As US tariffs on Canadian goods go into effect, Canadian businesses are responding with a surge in support for domestic products. Loblaw Companies Ltd. pledges to source more food from Canada and explore Mexican alternatives, while Shopify CEO Tobi Lütke promises to integrate features promoting local purchases within the Shop app. This comes after President Trump imposed 25% tariffs on Canadian goods, prompting Canada's retaliatory tariffs on American products.
Canadian businesses preparing for Tuesday's imposition of tariffs are leaning into the"buy Canadian" sentiment.
Per Bank, the company's CEO, made the commitment on LinkedIn over the weekend. He also said Loblaw would seek Mexican alternatives for products it would usually purchase from the U.S., since Mexico is also facing the tariffs.
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