In a report released yesterday, the Bank of Canada quietly confirmed what many of us have been saying all along.
Ottawa’s COUNTER-TARIFFS on imported FOODS from the U.S. contributed to higher food inflation in 2025.
Higher import costs → higher grocery prices.
Unfortunately, many food economists dismissed this link.
@FoodProfessor My feelings are that the Canadian “elbows up” campaign was more about convincing Canadians to try and prop up our stalling economy rather than actually influence the American Policy.