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Canadian Tire Sees Tariff Threat Dragging on Budding Consumer Confidence, Sales
Canadian Tire posted fourth-quarter results that showed improved shopping patterns, but executives say those gains are undermined by the looming tariff war between Canada and the U.S.
Canadian Tire CEO says tariff threat has likely crushed budding consumer confidence
Canadian Tire Corp. Ltd. executives say budding consumer optimism has been mostly wiped out as tariff uncertainty continues to muddy the waters. The retail giant’s chief executive, Greg Hicks, said it looked like the economy was throwing up green shoots and consumer sentiment was starting to turn around coming out of the fourth quarter.
Restaurant sales projected to grow by a mere 0.8% in 2025 amid tariff threats, changes to immigration and low consumer confidence
Restaurant, caterer and bar sales are forecast to surpass $100B in 2025, representing a 3.9% nominal increase over 2024. Adjusted for menu inflation, real sales are forecast to grow by 0.8% compared to relatively flat real sales in 2024.
Canadian Tire Says Unemployment ‘Biggest Concern’ About Tariffs
Canadian Tire Corp. executives say their biggest concern regarding tariffs is the risk of heightened unemployment, rather than the effects of levies on retail prices, because only 15% of the company’s goods come from the US.
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How a tariff war with the US could affect renters in Canada
A tariff war with the US is on the horizon, and its impacts on housing in Canada could look different for tenants, homeowners ...
blogTO
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How U.S. tariffs could affect Canadian renters
A tariff war with the U.S. is on the horizon, and its effects on housing in Canada could look different for tenants, ...
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Morning Bid: Tech bounces as eyes turn to 'Mag7', Fed meet and Canada cut
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
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