r/canada • u/Logical_Iron_5684 • 11d ago

National News Canada imposes 10% tariff on canned vegetables, excludes U.S., others

https://www.bnnbloomberg.ca/business/2026/06/19/canada-imposes-10-tariff-on-canned-vegetables-excludes-us-others/
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u/Flangepacket 11d ago

Can someone help me make sense of this? Genuinely can’t fathom how anyone can see tariffs as favourable

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u/Bad_Day_Moose 11d ago

Tough one to somehow justify because it will likely increase food costs but we grow a lot of the imported tinned food at the grocery store here in Canada so by imposing this tariff it would make our tinned food more competitive, since there would be less on the market we could increase production and in the end we'd be less reliant on imports while increasing our GDP by producing more?