Tariffs: No impact yet on consumer prices

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Release date: August 17, 2018
Tariffs: No impact yet on consumer prices
Description: Tariffs: No impact yet on consumer prices

Tariffs: No impact yet on consumer prices

On July 1, 2018, Canada introduced tariffs on certain consumer products imported from the United States in response to U.S. trade actions taken against Canada. The vast majority of U.S. food products still enter the country tariff-free, but some—such as mayonnaise, pickles and ketchup—are now subject to a 10% tariff. Here's how the cost of the fixin's for a favourite summer food, the hamburger, might compare by country of manufacture and from one month to the next, based on the choices you make in the store.

Average prices for selected products by country of manufacture
Product Country of manufacture June 2018 Average Price ($) July 2018 Average Price ($)
Hamburger buns, 1 dz Canada 2.71 2.60
Ketchup, 1 l Canada 2.91 2.79
Ketchup, 1 l United States of America 3.92 3.87
Lean ground beef, 1 kg Various 10.49 10.33
Mayonnaise, 890 ml Canada 4.24 4.19
Mayonnaise, 890 ml United States of America 3.27 3.24
Mustard, 325-380 ml United States of America 2.25 2.21
Pickles, 1 l Canada 5.64 5.53
Pickles, 1 l United States of America 3.85 3.96

Notes

  • In addition to tariffs, many other factors affect the price of consumer goods such as transportation costs and consumer preferences.
  • Mayonnaise, pickles and ketchup are goods subject to tariffs according to Countermeasures in Response to Unjustified Tariffs on Canadian Steel and Aluminium Products. Other hamburger ingredients, such as ground beef, buns and mustard, may or may not be produced domestically and are not subject to the new tariffs.
  • Data are not available by country of manufacture for all products and may not be available for all countries in question.

Source: Just the Facts: Average prices for selected products by origin of manufacture, Canada and provinces.

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