Loblaws price increase

Loblaws says grocery prices are going up because of Trump

The price of your groceries might be a little more soon, so stock up on those non-perishables like they're going out of style. 

Following back-and-forth tariffs between Canada and the U.S., Loblaws is now warning customers that prices on imported goods may be increasing. 

After U.S. President Donald Trump waged a metal tariff against Canada, our own government was forced to retaliate with levies against various products, like steel, aluminum, coffee, jam, soya sauce, and more

These new taxes will inevitably lead to higher transportation costs, and the loss will be passed down to customers, according to Loblaws CEO Galen Weston. 

"We don’t think it’s going to be meaningful, super significant, but it certainly will be higher than what it is today," he said, as reported by the Financial Post

So, before you struggle to afford to eat even more than you might already, it may time to blow some cash on coffee and toilet paper before it's too late. 

Lead photo by

Friscocali


Latest Videos



Latest Videos


Join the conversation Load comments

Latest in Eat & Drink

30 restaurants open on Christmas Day 2024 in Toronto

Notable bars that closed in Toronto this past year

5 new restaurants on Dundas West in Toronto you need to try at least once

Is Costco Canada planning to ditch Pepsi for Coca-Cola?

Canadian grocery tycoon Galen Weston Jr. shortlisted for an award nobody wants

New barbecue restaurant in Toronto opening in 'destroyed' historic building

Costco named best grocery retailer in Canada and here's where other stores rank

Bar known for its cocktails is shutting down after 8 years in Toronto