Consumers could start feeling financial relief by 2027, says CIBC

Honey is one of hundreds of Canadian products that have been hit with a 50 per cent tariff to enter the United States, grinding exports to a halt. More honey staying north of the border could mean lower prices for consumers in the short term. But over time, the loss of Canada’s largest export market for honey could take a toll on producers — and, due to honey bees’ contribution to the pollination sector, the overall food system. “When there’s abundance, prices may plummet, but it doesn’t mean that that will be healthy for the industry in the long term,” says Armağan Özbilge, an...