Canadian businesses are responding to the impending 25% US tariffs on Canadian goods by promoting domestic products and seeking alternatives from Mexico, which is also facing similar tariffs. Shopify CEO Tobi Lütke pledged to introduce features in the Shop app to encourage local purchases in Canada, the US, and Mexico. This move follows President Trump's announcement of the tariffs, prompting Canada to retaliate with $30 billion in tariffs on US products, escalating to $125 billion in 21 days if the US doesn't back down.
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.A sign is placed in front of the American whiskey section at a B.C.
For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. Canada has $30 billion worth of retaliatory tariffs on American products set to take effect the same day and will boost the package to $125 billion in 21 days if the U.S. doesn’t back off.
Are you going to buy Canadian? What are your go-to Canadian products to replace American ones? Let us know. We may use it in a future story or contact you to discuss further.16 minutes ago
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