Unpublished Newswire

Last Friday, Prime Minister Mark Carney announced that counter-tariffs will be removed, effective Sept. 1, for all U.S. consumer goods that are compliant with the Canada-U.S.-Mexico trade agreement. Canadians are hopeful that prices on groceries will start to fall. But is that a reasonable assumption? Professor David Soberman, Canadian National Chair in Strategic Marketing at the Rotman School of Management, doesn’t think it will make a huge dent in the average consumer’s weekly shopping bill, for two big reasons. The two ways Trump’s tariffs on Canada could collapse — despite his...