Trade Tension Fuelling Growth, but Uncertainty Could Strain the Industry
After several volatile years during and after the COVID-19 pandemic, the food services industry will have to wait another couple of years for stability. Economic uncertainty driven by American protectionism will weigh on the Canadian economy in 2025, with direct and indirect effects on the industry.
While the industry could benefit from trade tensions with the United States, what will be the impact if the trade war is prolonged? How will economic instability impact the industry’s ability to hire more workers? How will unlocking interprovincial trade barriers contribute to output growth and help insulate the industry from trade disruptions?
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