Skip to main content

Featured

Canada’s Auto Industry Is Split on a U.S. Tariff Deal: What It Means for Your Wallet

  Canadian Money Brief • Tariffs & Trade • Saturday, November 14, 2026 Ottawa is once again trying to land a tariff deal with Washington. This time, the biggest fight may be inside Canada's own auto industry, and the outcome could reach your paycheque, your car purchase and your savings. Canada's auto manufacturers agree on the goal: get U.S. tariffs on Canadian-built vehicles down. They do not agree on how fast to move or what to accept. According to a Globe and Mail report published overnight, the Detroit Three (Ford, GM and Stellantis) want a deal sooner rather than later, even an imperfect one, while Honda and Toyota are pushing Ottawa toward a very different design. It matters now because of the clock. Canadian-built vehicles already face a 25% U.S. tariff on their non-American content, and Washington has threatened to double the headline rate to 50% on January 1, 2027. Honda has warned that doubling would be catastrophic for the North American industry. Prime Minister...

article

Lindt's Sweet Strategy: Avoiding Tariffs with European Supply

Swiss chocolate maker Lindt & Sprüngli has announced a strategic shift in its supply chain to sidestep Canadian tariffs imposed in response to U.S. customs duties. Previously, Lindt sourced 50% of its chocolates for Canada from the United States, with the remainder coming from Europe. However, to avoid the financial impact of these tariffs, the company plans to source 100% of its Canadian supply from Europe.

CEO Adalbert Lechner emphasized that this move ensures Lindt's business in Canada, one of its top ten markets, remains unaffected by the trade conflict. While transporting chocolates from Europe will be slightly more expensive, it is still more cost-effective than facing tariffs. Additionally, products labeled as "Made in Europe" may resonate better with Canadian consumers than those from the U.S.

Lindt has already built up inventories in Canada to facilitate this transition, which is expected to be completed by mid-year. This proactive approach highlights the company's commitment to maintaining its market position and delivering its beloved chocolates to Canadian customers without disruption.

Comments