Prices on thousands of grocery items to rise despite tariff break, says Loblaw
News Source : Financial Post
News Summary
- Last month, the Canadian government announced a six-month tariff reprieve for items used in food and beverage processing, manufacturing and packaging
- Loblaw said the policy and a stabilized loonie are helping to reduce the risk of a sharp spike in food prices
- Thousands of items are still expected to cost more
Relaxed tariff rules are easing some concerns about prices, but consumers should still expect to pay more for food, says Loblaw Cos. Ltd.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now [+3566 chars]
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