U.S. tariffs sour outlook for Canadian sugar and candy companies
- Canadian sugar and confectionary companies are at risk from new U.S. tariffs because over 80% of their sales go to the U.S. Market.
- In 2024, Canada exported $5.3 billion in sugar and confectionary products to the United States, indicating the sector's dependence on American sales.
- The tariffs would have a 'significant adverse impact' on Canadian company Rogers Sugar and its subsidiary Lantic.
- If tariffs persist, multinational companies may consider building new plants in the United States.
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40 Articles
40 Articles
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Left
18
Center
2
Right
1
Coverage Details
Total News Sources40
Leaning Left18Leaning Right1Center2Last UpdatedBias Distribution86% Left
Bias Distribution
- 86% of the sources lean Left
86% Left
L 86%
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