Canadian market
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Canada’s merchandise exports increased 4.9 percent and imports were up 2.3 percent in December, Statistics Canada said Wednesday. The depreciation of the Canadian dollar continued to impact import and export values in December, said the national statistical agency. According to the agency, the average value of the Canadian dollar decreased sharply for a third consecutive…
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Key Takeaways Beer and liquor may be recession-proof, but they’re certainly not tariff-proof. If President-elect Donald Trump follows through with proposals to impose a 25% tariff on all items from Canada and Mexico, the result would be a stiff penalty on some of America’s favorite libations, not to mention the No. 1 beer brand in the nation:…
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