How Canadians’ wallets will take a hit during the trade war

News Snapshot:

Canadians' pocketbooks will likely be the victim of a prolonged trade war with the U.S., with the prices on consumer goods potentially rising over the next weeks, some analysts say. "We will see prices across the board going up," said Andreas Schotter, a professor of business at Western University in London, Ont. "I could imagine that on certain products you will see over the next few weeks, or even right now, an increase in prices." Food prices may be the first to take a hit because such items are perishable and can only be stored for a relatively short period...