The U.S. has not formally placed tariffs on Canadian goods other than aluminum and steel and it is difficult to assess the impact of a few fractions of a cent added to the cost of a beer can or a few million dollars to the price of a Boeing commercial jet. Canada’s counter-tariffs, on the other hand, touch a range of daily consumer products that could have a material impact on prices for Canadian consumers.
In a recent article for The Conversation, Dr. Bernard Wolf, Professor Emeritus at the Schulich School of Business demonstrates the real-world impact of tariffs to Canadian consumers on products ranging from chocolate to pickles. Check out Dr. Wolf’s article via the link below: