Chief executive Per Bank said products affected by tariffs could rise from about 1,000 now to more than 3,000 within the next two weeks. That number could climb above 6,000 within two months, he said in a LinkedIn post. “While the tariff situation might be improving between the U.S. and other countries, that’s not yet the case here in Canada,” he wrote. (The Logic)

Talking point: Loblaw-owned grocery stores have been marking tariff-affected products on their shelves with a T. While shoppers will see more of those labels, Bank said it’ll still represent a relatively small share of the roughly 80,000 items Loblaw carries. Non-produce categories will be impacted most, like natural foods, pantry staples and health and beauty products, he said. Bank welcomed attempts by Prime Minister Mark Carney and other leaders to de-escalate the trade war through dialogue with U.S. officials. In the meantime, he said customers are still choosing to eschew many U.S. products—not necessarily out of national pride, but because tariffed U.S. groceries are now more expensive.