Tariffs has Alberta’s Food Industry Already Feeling the Pressure

The tariffs imposed by U.S. President Donald Trump on Canada and Mexico are shaking up Alberta’s food industry, and local processors are already feeling the pressure. Bianca Parsons, Executive Director of the Alberta Food Processors Association, says businesses are already struggling to adapt. Long-term contracts with major retailers in the United States make it difficult to absorb sudden cost increases. “They have contracts with major retailers in the United States selling their food and beverage products,” says Parsons. “Those contracts obviously don’t include a 25% increase in tariff. They’re now trying to renegotiate those contracts so that they can still make a viable business.”