The unpredictability of U.S. trade policy has heightened uncertainty for businesses and could set back the recent progress of the Canadian economy, the Bank of Canada governor said Monday.
For distributors and c-store operators, the search for Canadian-made goods has intensified. While apps help identify Canadian goods, it can be difficult to determine "how Canadian" an item is.
With inflation driving up inventory wholesale costs, gas station and convenience store operators could expect customers to cut back on purchases like snacks, beverages, and premium fuel.
Dollarama, an indirect competitor to convenience stores for snacks and impulse purchases, says the prolonged war in Iran is expected to drive up freight costs for the rest of the year, but will not speculate further.
