Loblaw Warns of Surge in Tariff-Hit Food Products as Pre-Tariff Inventory Runs Out

A sign in a grocery store advises that U.S. products affected by a tariff will be marked with a symbol and with a QR code provided that links to a Canadian government website, in Ottawa on April 2, 2025. The Canadian Press/Justin Tang

The head of Loblaw Cos. Ltd. says the company expects a surge of tariff-related price increases at its stores as its pre-tariff inventory runs out.

Chief executive Per Bank says that so far, the company has limited the number of tariff-hit products to a little over 1,000 but that within the next week or two it will rise to over 3,000, and could peak at over 6,000 within then next two months.