Canadian Tire CEO says tariffs could ‘substantially erase’ signs of economic rebound


Source: vancouverisawesome.com vancouverisawesome.com

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TORONTO — Canadian Tire Corp. Ltd.'s CEO says consumers have started to ease up on the frugality they adopted to cope with the economic slowdown, but that progress has likely been "substantially erased" by tariff threats. TORONTO — Canadian Tire Corp. Ltd.'s CEO says consumers have started to ease up on the frugality they adopted to cope with the economic slowdown, but that progress has likely been "substantially erased" by tariff threats. Greg Hicks, who runs the retailer and its SportChek, Mark's and Party City banners, said Thursday that the chains have noticed a succession of interest rate cuts have...