American CPG CEOs issue dire warning that the Canadian market which imported $350b from the US in 2024 is disappearing after Canadian consumers boycott American products - Canadian retailers have begun halting, pausing, or turning away US products
Canada imported $350 billion of products from the US in 2024, making it its largest trading partner.
US CEOs are mentioning that their Canadian retailers are pausing or no longer taking their orders due to consumer behaviour changes in Canada where consumers buy Canadian made goods or EU/International goods over American ones. While the companies below are SMBs and private, it's often SMBs that feel the effects of economic policy before it impacts the bigger players such as Unilever, Coca Cola, or Pepsi who will reflect this impact in their next earnings.
\- Parasol Co (diapers)
\- GT’s Living Foods (kombucha)
\- Demeter Fragrances (cosmetics)
\- Fast Orange (home goods/cleaners)
[https://globalnews.ca/news/11106170/buy-canadian-us-companies-impact-canada-retailers/](https://globalnews.ca/news/11106170/buy-canadian-us-companies-impact-canada-retailers/)