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Trump's 50% Auto Tariff Threat: What It Means If You're Buying a Car in 2027

  Vehicle prices in Canada are already up thousands of dollars since the trade war began. A threatened doubling of auto tariffs on January 1, 2027 could push them higher still — here's what's confirmed, what's not, and what it means if you're in the market for a car. On Monday, U.S. President Donald Trump posted on Truth Social that tariffs on all Canadian-made cars, trucks, auto parts, and steel would rise to 50% starting January 1, 2027 — effectively doubling the current 25% rate. The threat landed hours after cross-border trade talks collapsed late Friday night, triggering a separate round of 50% tariffs on roughly $20 billion of other Canadian goods and a promised Canadian retaliation package set for September 8. For anyone shopping for a new or used vehicle in Ontario — or watching an auto-sector paycheque — here's what's actually changed, and what's still just a threat. What Trump actually announced The post is specific on rate and date but light on me...
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Food Prices Expected to Rise 3-5% in 2025

 

A newly released report predicts that food prices in Canada will increase by 3% to 5% in 2025. The report, a collaborative effort by researchers from Dalhousie University, the University of Guelph, the University of Saskatchewan, and the University of British Columbia, forecasts that the average Canadian family of four will spend $16,833.67 on food next year, an increase of up to $801.56 from 2024.

The report attributes the rise in food prices to several factors, including climate change, geopolitical conflicts, energy costs, and the weakening Canadian dollar. Meat prices are expected to rise between 4% and 6% due to prolonged droughts affecting cattle production. Vegetable prices are also anticipated to increase faster than other categories due to the lower buying power of Canadian food importers.

Despite the projected increase, the report notes that the rate of food price growth has moderated compared to the double-digit increases experienced during the COVID-19 pandemic. Researchers remain cautiously optimistic, hoping for a flattening out of food price increases in the coming year.



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