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EconomicCanada·25 Oct 2026

Economist says Canadian retaliatory tariffs cost consumers $100 million weekly

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University of Calgary economist Trevor Tombe testified to the House of Commons foreign affairs committee on October 21 that Canada's retaliatory tariffs on $28 billion of U.S. imports were costing Canadian consumers $100 million weekly. These tariffs, which took effect on September 8 in response to U.S. tariffs from August 22, increased consumer prices by…

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