Prices for canned goods about to go up in Canada as tariffs start to bite

August 1, 2018

Canadians should brace for higher prices on everything from soda to soup as manufacturers begin to feel the impact of the U.S.-Canada trade war and pass on the cost of aluminum and other tariffs to retailers.

PepsiCo Beverages Canada recently advised retailers that it plans to raise its prices by about a penny per can, starting at the end of July.

In a letter sent to retailers in late June, the beverage giant cited tariffs the Canadian government recently implemented on a range of products, including the aluminum that makes the cans that holds the company's drinks...

This was excerpted from the 1 August 2018 edition of CBC News.

Topic(s)

Trade Agreements

Information source

Canadian News Channel

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