In 2025, Canada imposed counter-tariffs on US imports, causing a notable increase in retail prices. The analysis reveals that these price hikes were short-lived, largely dependent on retailers' expectations and transparency with consumers.
SSENSE lays off more than 200, Joe Fresh 1st apparel retailer on DoorDash, Save-on-Foods opening in new Langley retail project, Brampton charging retailers $100 for every abandoned shopping cart in city, and other news.
Three-quarters (75%) of small businesses say the tariff fight has strained their relationships with U.S. partners or clients, up sharply from 49% in March 2025.
Bruce Winder reviews the defining Canadian retail stories of 2025, from Hudson’s Bay’s collapse to AI, discount growth, tariffs, and shifting consumer behaviour.
Escalating U.S. tariffs and strained diplomacy are disrupting Canada’s agri-food trade, raising risks for exporters and cross-border retail supply chains.
The government will invest $5 billion through a new fund with flexible terms to help firms in all sectors impacted by tariffs adapt, diversify, and grow.